Hello traders,
Here’s a quick update on XRP on the daily timeframe chart.
XRP is holding above the 21 MA support and is making its way toward the resistance zone between $2.5 and $2.7. This resistance is a major hurdle for XRP, and once it successfully breaks above it, the price is likely to attempt a move toward its all-time high once again.
The battle at the resistance level will be interesting, and based on the analysis, there is a significant chance of rejection.
I hope you found this update helpful. Support me with a like, share, and follow!
Regards,
Dexter
Here’s a quick update on XRP on the daily timeframe chart.
XRP is holding above the 21 MA support and is making its way toward the resistance zone between $2.5 and $2.7. This resistance is a major hurdle for XRP, and once it successfully breaks above it, the price is likely to attempt a move toward its all-time high once again.
The battle at the resistance level will be interesting, and based on the analysis, there is a significant chance of rejection.
I hope you found this update helpful. Support me with a like, share, and follow!
Regards,
Dexter
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.
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.