XRP levels
XRP went on a parabolic bull run in November 2024. Since December 2024 it traded in an uptrend channel with a peak on January 15th - 16th 2025. Followed by a drop on February 2nd & 3rd. Since then, XRP is trying to get back in to it's uptrend channel. Right now, it's trading slightly bullish, just above neutral 50 on the stochastic indicator with a break above it's .5 YTD fib retracement level. If there's a rejection at it's previous uptrend channel of 2.85 that's bearish and could hit SMA100 again. If there's a breakout above it's previous uptrend channel of 2.85 that's bullish and could hit the top of it's previous uptrend channel.
XRP levels:
SMA100 = 2.21
SMA200 = 1.38
6 month low = .38
6 month high = 3.40
6 month fib retracement .5 = 1.89
YTD low = 1.73
YTD high = 3.40
YTD fib retracement .5 = 2.56
December - February uptrend channel
high = 3.85
low = 2.85
XRP levels:
SMA100 = 2.21
SMA200 = 1.38
6 month low = .38
6 month high = 3.40
6 month fib retracement .5 = 1.89
YTD low = 1.73
YTD high = 3.40
YTD fib retracement .5 = 2.56
December - February uptrend channel
high = 3.85
low = 2.85
Trading indicators:
tradingview.com/u/Options360/
tradingview.com/u/Options360/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trading indicators:
tradingview.com/u/Options360/
tradingview.com/u/Options360/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.