Hi all,
The weekend of April 25-26 started for XRP with an upward move to $0.194 on Saturday as the coin finally broke above the resistance and was already looking at the important $0.20-0.215 zone. It extended the winning streak on Sunday closing at $0.196.
The "ripple" was once again rejected near $0.20 today, so it is not showing any signs momentum to establish a strong upward movement. Looking for a pullback to the diagonal resistance turned support and then hopefully another leg up to $0.20 and above fueled by the overall altcoin market revival.
Not trading this one for now.
Cheers,
The weekend of April 25-26 started for XRP with an upward move to $0.194 on Saturday as the coin finally broke above the resistance and was already looking at the important $0.20-0.215 zone. It extended the winning streak on Sunday closing at $0.196.
The "ripple" was once again rejected near $0.20 today, so it is not showing any signs momentum to establish a strong upward movement. Looking for a pullback to the diagonal resistance turned support and then hopefully another leg up to $0.20 and above fueled by the overall altcoin market revival.
Not trading this one for now.
Cheers,
