XRP: Another Buying Opportunity?
XRP: Another Buying Opportunity?
Ripple is holding very strong despite the bearish dominance of the crypto market.
As you can see all the time the price tested the bottom of the larger one pattern near 0.3200 - 0.3300 price rose again.
The bullish volume is actually very high.
The first resistance area is near 0.3728.
If the price will manage to move above this zone
it will definitely reach the second zone near 0.4100 and the final zone should be near 0.5000
Resistance zones are also taking profit zones and you should not forget that.
So the price can move down again from these zones before it goes up again as shown in the chart.
Thanks and good luck!
Ripple is holding very strong despite the bearish dominance of the crypto market.
As you can see all the time the price tested the bottom of the larger one pattern near 0.3200 - 0.3300 price rose again.
The bullish volume is actually very high.
The first resistance area is near 0.3728.
If the price will manage to move above this zone
it will definitely reach the second zone near 0.4100 and the final zone should be near 0.5000
Resistance zones are also taking profit zones and you should not forget that.
So the price can move down again from these zones before it goes up again as shown in the chart.
Thanks and good luck!
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.