Hi, this is my new update for XRP. We are now under one of the biggest trendline in the history of the cryptocurrencies for 672 days, almost 2 years (that's crazy) and at the same time we have a downtrend in RSI also. We have tested this trendline 14 times and I expect we are going to break it really hard and once we do that we are ready to takeoff because a lot of traders are waiting for this moment, but they don't understand that once we break it, everything in XRP is going very fast, that they don't get the time to buy it, like we have seen before.
We have beautiful support level between 0.2950 - 0.32$ and if this breaks then things will get little bit to ugly. We have also very big resistance between 0.52 - 0.58$ and it has held us below it in the last 2 years, but I expect once we break both the trendlines in the chart and RSI, then the resistance is not going to be a problem.
We have beautiful support level between 0.2950 - 0.32$ and if this breaks then things will get little bit to ugly. We have also very big resistance between 0.52 - 0.58$ and it has held us below it in the last 2 years, but I expect once we break both the trendlines in the chart and RSI, then the resistance is not going to be a problem.
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Finally we have tested the resistance around 0.50$ and at the same time we broke both the trendlines in the chart and RSI. Now we have to see if we can break the 200 weeks moving average at the end of the week or we are going to see a pullback to 0.40$.