$XRP
XRP Analysis
Currently, it has broken through the trend line just like it did on December 10 when it dipped to 1.9 and then surged in early January, breaking the trend line to peak at 3.4.
Today, it broke the trend line and bounced at 2.6, then dipped and bounced off the trend line marked in the image. If today’s candlestick closes above 2.4930, that’s a solid signal, indicating a potential trend reversal to the upside if it surpasses 2.5533 without retracing, along with bullish momentum.
Keep an eye on levels 2.5260 and 2.6456; if it breaks them with bullish momentum and doesn’t retrace at 2.6461 (retrace zone), expect a rally to
2.6700
2.7000
2.9000
3.0000
If it exceeds 3.0020, expect further gains to
3.1500
3.2000
3.4000
If today’s candlestick closes below 2.4800, expect a drop to 2.3500; if that breaks, the decline may continue to 2.2900 / 2.1340,
and 2.2123 would be a retrace area. If it doesn’t bounce and breaks down, it will aim to break 2.0617 to test 1.9528 and 1.7683.
If it breaks 1.7680, expect a drop to
1.6270
1.5200
1.4300
The lowest expected bottom at 1.1000
The highest expected peak at 3.4034
All of this depends on supply and demand 📊
#Binance #xrp #CryptoMarketWatch
#TexasBTCReserveBill #TrendingTopic
XRP Analysis
Currently, it has broken through the trend line just like it did on December 10 when it dipped to 1.9 and then surged in early January, breaking the trend line to peak at 3.4.
Today, it broke the trend line and bounced at 2.6, then dipped and bounced off the trend line marked in the image. If today’s candlestick closes above 2.4930, that’s a solid signal, indicating a potential trend reversal to the upside if it surpasses 2.5533 without retracing, along with bullish momentum.
Keep an eye on levels 2.5260 and 2.6456; if it breaks them with bullish momentum and doesn’t retrace at 2.6461 (retrace zone), expect a rally to
2.6700
2.7000
2.9000
3.0000
If it exceeds 3.0020, expect further gains to
3.1500
3.2000
3.4000
If today’s candlestick closes below 2.4800, expect a drop to 2.3500; if that breaks, the decline may continue to 2.2900 / 2.1340,
and 2.2123 would be a retrace area. If it doesn’t bounce and breaks down, it will aim to break 2.0617 to test 1.9528 and 1.7683.
If it breaks 1.7680, expect a drop to
1.6270
1.5200
1.4300
The lowest expected bottom at 1.1000
The highest expected peak at 3.4034
All of this depends on supply and demand 📊
#Binance #xrp #CryptoMarketWatch
#TexasBTCReserveBill #TrendingTopic