Hello traders,
Today we are looking at XRP. After an amazing week putting up around 45% gains, we see that XRP has come to a resistance zone between .88¢ and $1. 01 . This zone began back in April of 21’ and has continued to show us that this is a major area for price action to overtake for the bulls and the bears. Currently we are coming to this area again as resistance. Back in August of 21’ the price action blasted up through the zone fairly easy.
As we enter this area it will be interesting to see how the price action will react to this zone. Let me know your thoughts in the comments.
Have a Green Week!
Savvy