Blitz_analysis

XRP/USDT 1 day Analysis

BINANCE:XRPUSDT   XRP / TetherUS
$0.445 appears to be a strong point for XRP and it has been tested 8 times during its retracement. For now, XRP is forming a consolidation area at $0.45~$0.55. As the price was largely affected by the Ripple lawsuits news, investors and traders are being very careful these days. Until they got a clear picture of it, the market is probably keeping trading sideways for a while. If the price falls down $0.445, bears could take $0.38 as the next target to conquer.

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.