A couple of weeks ago I made an analysis on XRP and the areas I was watching.
As seen on the chart, XRP has seen an incredible run-up since then, blasting through the resistances with great ease.
At the moment, XRP has seen a minor bearish move after hitting $1.36, which is the man resistance for the coming few days. Main area of support ranges from $1.11 to $1.00, something quite big needs to happen for XRP to get below this red area of support.
Main target for the coming two weeks is the green area of resistance, which ranges from $1.65 to $1.77. A >$50k BTC is needed in order to reach the green area.
Happy trading!
As seen on the chart, XRP has seen an incredible run-up since then, blasting through the resistances with great ease.
At the moment, XRP has seen a minor bearish move after hitting $1.36, which is the man resistance for the coming few days. Main area of support ranges from $1.11 to $1.00, something quite big needs to happen for XRP to get below this red area of support.
Main target for the coming two weeks is the green area of resistance, which ranges from $1.65 to $1.77. A >$50k BTC is needed in order to reach the green area.
Happy trading!
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