Bull Scenario
Both the Static Resistance And Dynamic Resistance collide at $1.20 - $1.25.
Breaking this area will be explosive. I see it finding resistance just below the $2 mark (around $1.98). Volume is Consolidating.
$3 is about two or 3 breakout's away!
A positive announcement about the SEC lawsuit could push XRP above $3 in one day. April 16th is a big day for the lawsuit.
Bear Scenario
Might pull back to $0.76 which is the new support.
Both the Static Resistance And Dynamic Resistance collide at $1.20 - $1.25.
Breaking this area will be explosive. I see it finding resistance just below the $2 mark (around $1.98). Volume is Consolidating.
$3 is about two or 3 breakout's away!
A positive announcement about the SEC lawsuit could push XRP above $3 in one day. April 16th is a big day for the lawsuit.
Bear Scenario
Might pull back to $0.76 which is the new support.
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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.