XRPUSD breaks through resistance and updates 3-week highs. What to expect next?
The price makes a local false break through the 0.3753 level and is squeezed in a narrow range between support and resistance. There is a chance that the price may fall lower to the previously broken resistance line, but at the moment the priority is inclined to the growth: MA-50 and MA-200 play the role of support, the cryptocurrency market starts a weak recovery and has been in the green zone for several days, "santiment" notes the bulls' activity growth in the market
After a pullback or price consolidation above key levels, I expect an uptrend to begin. Areas from which the price can go up: the previously broken wedge line, the level of 0.3700, the level of 0.3753.
The medium-term target is 0.4100, the next target is the liquidity zone of 0.4500.
Regards, R. Linda!