Hey friends, hope you are well, and welcome to the new update XRP.
The priceline of XRP has rallied more than 200% from the potential reversal zone of BAT pattern.
Rejected by long-term resistance level:
The price action of XRP has been rejected by the long-term resistance of $0.70.
Retraced back:
On the weekly chart, the priceline has been retracted back at 0.618 Fib level.
On the daily chart, it has been retraced between 0.618 to 0.786. There are daily EMA 10 and 21 moving up to provide the support.
Rising up from the last support:
On the long-term monthly chart, it can be seen that the priceline of XRP with the Bitcoin pair is moving up from the last and lowest support.
The priceline of XRP has rallied more than 200% from the potential reversal zone of BAT pattern.
Rejected by long-term resistance level:
The price action of XRP has been rejected by the long-term resistance of $0.70.
Retraced back:
On the weekly chart, the priceline has been retracted back at 0.618 Fib level.
On the daily chart, it has been retraced between 0.618 to 0.786. There are daily EMA 10 and 21 moving up to provide the support.
On the long-term monthly chart, it can be seen that the priceline of XRP with the Bitcoin pair is moving up from the last and lowest support.