pedro.guarita

XRP 0.82 Resistance

Short
Doing a trendline on the 1D chart and then using a higher time frame, we see we are hovering just under what was the support line around 0.83. We have a reversal on MACD along with RSI and CCI in territory with some room to grow, i think 0.82 will be retested. Also we had a double bottom as well which offer us a nice support line around 0.74.

Always do your research, this is not intended to be advice, just my take on the market.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.