XRP failed to break through the $2.1597 resistance and is now heading back toward the $2.0216โ$1.9000 support zone.
If this support fails to hold, lower lows may be on the horizon.
A bullish reversal requires a breakout above resistance and confirmation above the 200 MA.
๐ฏ Next targets: $2.4729 and $2.59
๐ Weak volume and rejection from key levels increase bearish pressure.
If this support fails to hold, lower lows may be on the horizon.
A bullish reversal requires a breakout above resistance and confirmation above the 200 MA.
๐ฏ Next targets: $2.4729 and $2.59
๐ Weak volume and rejection from key levels increase bearish pressure.
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Related publications
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.