Forex_Academy

XRP Could not reach the R1 Pivot

The price of the XRP reports a slight increase of 1.73% in the last 24 hours without showing a significant recovery and remains below $ 0.55, the price did not reach in its short recovery the R1 Pivot in this 4 H chart and its moving now at $ 0.53, this level is important to maintain as it would avoid more losses in the short term, The resistance of $ 0.55 in R1 is quite strong and there must be a significant buyer impulse to take it above $ 0.56.
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.