Hello my Fellow TraderZ,
This is very good to see how extremely well the recent Support area has been strongly held by the #RIPPLE $XRP since more than 30 days.
But if you notice, lately whenever the price is coming to the Green Area we are not getting any strong bounce with significant amount of Volume which makes me think cautiously that - IS THE SUPPORT NO LONGER STRONG & EVENTUALLY WILL IT MELT DOWN ?
Also, unless we break the TL, we cannot expect a move upwards even to retest the Upper Resistance Zone.
Once will clear the Resistance Area, the pass to 60-70% move is clear.
Keep an eye on it.
Happy Trading Fam. CHEERS!!!
This is very good to see how extremely well the recent Support area has been strongly held by the #RIPPLE $XRP since more than 30 days.
But if you notice, lately whenever the price is coming to the Green Area we are not getting any strong bounce with significant amount of Volume which makes me think cautiously that - IS THE SUPPORT NO LONGER STRONG & EVENTUALLY WILL IT MELT DOWN ?
Also, unless we break the TL, we cannot expect a move upwards even to retest the Upper Resistance Zone.
Once will clear the Resistance Area, the pass to 60-70% move is clear.
Keep an eye on it.
Happy Trading Fam. CHEERS!!!
