XRP - Major Support/Resistance Zones for Price Forecasting
Hello Future Millionaires!
These support resistance zones can be used to help forecast where price may be headed.
Price will naturally bounce between these support/resistance zones.
Major Price Points
0.225
0.333
0.465
0.865
1.360
2.750
3.500
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Please smash the like and comment if you find value in this post! It helps show me that others are interested and motivates me to share more with the community!
I am hoping to put out some longer-term XRP targets in the near future, so stay tuned!
Follow now for regular TA on the hottest cryptos throughout this bull run!
Let's get this crypto!
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Guide to My Charts
-The dark magenta horizontal lines are support/resistance 'zones'. If price pierces though one side of the support/resistance zone, it is likely to head to the next support/resistance zone!
-Yellow lines are typically used to chart out pattern formations and trend lines!
-The colored lines are MAs (Red: 10SMA, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Purple: 200EMA, White: 200SMA, Maroon: 377EMA).
-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.
-The Historical Volatility Percentile, RSI , and/or stochastics indicators are below the chart if displayed.
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Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my technical analysis and potential trade setup ideas.
These posts are intended for educational purposes only. It is imperative that everyone conduct their own research prior to entering any trade.
These support resistance zones can be used to help forecast where price may be headed.
Price will naturally bounce between these support/resistance zones.
Major Price Points
0.225
0.333
0.465
0.865
1.360
2.750
3.500
---
Please smash the like and comment if you find value in this post! It helps show me that others are interested and motivates me to share more with the community!
I am hoping to put out some longer-term XRP targets in the near future, so stay tuned!
Follow now for regular TA on the hottest cryptos throughout this bull run!
Let's get this crypto!
---
Guide to My Charts
-The dark magenta horizontal lines are support/resistance 'zones'. If price pierces though one side of the support/resistance zone, it is likely to head to the next support/resistance zone!
-Yellow lines are typically used to chart out pattern formations and trend lines!
-The colored lines are MAs (Red: 10SMA, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Purple: 200EMA, White: 200SMA, Maroon: 377EMA).
-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.
-The Historical Volatility Percentile, RSI , and/or stochastics indicators are below the chart if displayed.
---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my technical analysis and potential trade setup ideas.
These posts are intended for educational purposes only. It is imperative that everyone conduct their own research prior to entering any trade.
Comment:
Oh yeah, can't forget 0.620!
Comment:
Close up on the weekly:
Comment:
XRP Long Term Price Targets - XRP to $115 by 2025
