weekly price action for XRP.
This week will likely see an attempt to close below the Nov 30 weekly candle close (circled). Price has already attempted this once.
I was expecting a bounce from the 0.45 - 0.50 level, see the discussion in the linked idea below. Ideally, we want to see a weekly close above the 0.62 level which will provide the perfect platform to target the next level of 0.86-0.96.
Short term target is still around the 1.00 mark, with longer term projections significantly higher than the ATH .
Follow for further updates, your 'likes' are much appreciated and your comments most welcomed.
If you would like me to cover a particular token then do leave me a comment and I will do my best.
Trade safe and always remember to plan your trade and trade your plan!
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.
Do not trade or speculate based solely on the information provided. Trust your own analysis.