Ripple(XRP): Rejection Near Resistance?? Or Not?

Ripple has made a decent recovery from that nice dump movement.

We are now looking at a potential movement towards that next resistance zone near 200 EMA, which would also leave the price of RSI in the overbought zone.

Once we reach that zone, we will look at potential entry from there!

Swallow Team

Comment:

Ripple made a good movement to the upper resistance, where price had a really nice rejection as well!

We are not looking at further movement towards lower zones, and of course we seek to secure both 200 and 100 EMAs (if that's done, then we're good).

Comment:

Ripple is still trading below our major resistance zone and also 200 EMA, which is good for us.

As long as we stay below those zones, we are good for further movement to the lower zones here!

Comment:

Ripple has also made a nice move to the upper resistance zone, and since then we have been falling steady with a nice 6% market price movement.

Comment:

Ripple has done a nice re-test of upper zone and then a good movement to lower zones (resulting in a stable movement for RSI as well)

15% of marketprice movement was caught!