XRP/USD Technical Analysis (4H Chart):
- Point of Interest: The price is testing a key support zone around $1.97 - $1.73, marked in green.
- Potential Reversal: A bounce from this area could trigger a move towards the $2.68 - $2.67 resistance zone.
- Risk & Reward: A long setup is visible with a stop below the support and a target at previous highs.
- Bearish Scenario: If support fails, XRP could decline towards $1.73 or lower.
- Bias: Bullish above support, bearish below.
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- Point of Interest: The price is testing a key support zone around $1.97 - $1.73, marked in green.
- Potential Reversal: A bounce from this area could trigger a move towards the $2.68 - $2.67 resistance zone.
- Risk & Reward: A long setup is visible with a stop below the support and a target at previous highs.
- Bearish Scenario: If support fails, XRP could decline towards $1.73 or lower.
- Bias: Bullish above support, bearish below.
If you enjoy, press the like button.
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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.