After some big gains in XRP 2 weeks ago, we've seen a much needed correction phase.
XRP is currently trading near the downward trendline since the local high on 2nd of august.
After a strong upward move in ETH yesterday, a renewed bullish sentiment is in the crypto market. For this reason I believe XRP might be able to close above this trendline, which would indicate a buy signal.
XRP is currently trading near the downward trendline since the local high on 2nd of august.
After a strong upward move in ETH yesterday, a renewed bullish sentiment is in the crypto market. For this reason I believe XRP might be able to close above this trendline, which would indicate a buy signal.
Trade active:
XRP broke through the resistance line all the way up to the previous high near 0,30720. Now it looks like XRP found support on the previous resistance line near 0,29500. This might be a good entry point to buy in.