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XRP
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XRPUSD - Retest of $1.30 Supply zone

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Hi Everyone

We saw some volatility in XRP after yesterday's SEC case, the outcome was generally considered positive for Ripple. However this doesn't affect our current cycle; we still need to retest supply zone/ resistance of $1.30.

I expect us to move towards this target as ETH makes its run, which is currently happening. After ETH new high we can consider a new high for XRP, as per previous cycles.

Thanks for watching,
Ev
Note
It seems BTC stole the show again; we might consolidate at this point right under our target for the time being whilst Bitcoin continues to move.
Note
Moving up towards our first target $1.30, we would need to CLOSE ABOVE this zone to consider it captured.
snapshot
Note
Target reached, now we need to close above. If we manage that, the skies are open!
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ALTaltcinsALTSaltseasonChart PatternsTechnical IndicatorsTrend AnalysisxrpXRPBTCxrpusdXRPUSDT
CryptoCheck-
Discord Server
discord.gg/xHJRka3

Cryptocheck Website
thecryptocheck.com

SoftQuant Website
softquant.io
Also on:

Related publications

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.