XRP/USD Main trendMain trend. Logarithmic chart. Timeframe 1 month. Channel. Triangle.
This time frame to understand the direction of the trend and where the area to trade is now.
Found the chart with the longest trading history, which displays the main trend.
Coinmarketcap: XRP
Same parameters, but on a line chart.
Riplle
XRP - Previous demand zone now RESISTANCESupply zone = RESISTANCE
Demand zone = SUPPORT
Ideally you would like to see the previous resistance become the new support. If that support breaks, it is back to being a resistance and the PRIOR supply zone/resistance should be watched for a possible support/bounce.
Short term bias - Sideways trading, bearish.
Thank you for watching
Evelyn
bitcoin resting xrp growingDue to the fact that the dominance of Bitcoin is reduced.
and bitcoin itself in lateral movement will be at least a week.
this is a good chance for adolescent altcoins
#XRP $XRP/USD #ripple - daily zoom out#XRP $XRP/USD #ripple - daily zoom out
Range .25 - .79 mean .46
resistance test at 35 to break trend line and confirm
low volume
VOL ATR - Short
RSI indicates momentum building
BTC PA sentiment uncertain
next test resistance test up ~ 35 and then .46
support at .28 and .25
Long term LONG idea
If my charts are helping, please consider using my binance referral link to trade $XRP
thank you, and trade responsibly - this my idea not financial advice
Binance ref link: www.binance.com