Rocnon

Rocnon

Currently, there is a concern of bearish divergence forming in the XRP chart. It is likely to breach previous resistance at $3.4 to form a bull trap before dropping towards lower $2.0

Rocnon

20day average: Strong Bullish 100day average: Bullish 200day average: Bearish Currently the price has been building up around 0.86 resistance area. Should the XRP breaks the major resistance area around 0.86, expect a short term major breakout towards 1.25 resistance area. Else, expect another correction towards 0.59 major support areas.

Rocnon

ZILUSDT has been forming falling wedge on the Daily timeframe for awhile. It has bottomed at 0.03314, which is a resistance area prior previous bullrun turned support. RSI on daily, 4H timeframe has also formed bullish divergence, with the corrective wave may target back the 0.12 area in the next bullrun. Notable resistance area will be 0.057, 0.075, and 0.12