XRP-4h. Below $0.28 sellers will launch an aggressive attack.
The initiative of buyers in the XRP market is in jeopardy. From December 30, buyers try to control the price of XRP without lowering it below the white trend line. Fixing prices above the range of $0.24-0.26 brought the XRP market back to life.
However, several unsuccessful attempts by buyers to break the $ 0.31 mark increase the likelihood of re-testing the $0.24-0.26 range.
The critical point for this scenario is $0.28. While the price of XRP is above this mark, buyers have a high chance to break $0.31 and continue to grow to $0.36-0.38.
While the price of BTC is above the range of $ 32000-33000, the XRP market has a high chance of continued growth.
Below $0.28, buyers will have to defend themselves seriously.
Is there a chance that the price of XRP will continue to rise above $0.36? See our previous idea.
_______________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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However, several unsuccessful attempts by buyers to break the $ 0.31 mark increase the likelihood of re-testing the $0.24-0.26 range.
The critical point for this scenario is $0.28. While the price of XRP is above this mark, buyers have a high chance to break $0.31 and continue to grow to $0.36-0.38.
While the price of BTC is above the range of $ 32000-33000, the XRP market has a high chance of continued growth.
Below $0.28, buyers will have to defend themselves seriously.
Is there a chance that the price of XRP will continue to rise above $0.36? See our previous idea.
_______________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
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