XRP Analysis 1h

Updated
XRPUSDT
XRP has recently hit a resistance zone at 0.5560, following a bullish movement that allowed it to surpass the 0.5380 resistance zone. However, it seems that the price may still need to touch the 0.5380 zone before resuming its upward movement. On the other hand, due to the upward trend of Bitcoin, there is a possibility of breaking the 0.5560 resistance zone and moving towards the 0.58 level.
Trade closed: target reached
Supply and DemandSupport and ResistanceTrend Analysis

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