XRP Ripple, Triangle and Range support/resistance

The 0.36 and 0.4 range is still in play and has been for a while now. The highs however, have been getting lower the past week which normally is a bearish sign. It looks like we have formed a channel on the left now, this one could give us an answer for what will happen for the mid-term. Even if the channel breaks, the purple zone seems to be resistance as well. On the right we can also see some trend lines , also important to watch if we do go up.

On the downside, we have that green support zone that is still working so far. A break of the 0.34, will probably mean the bear trend will resume again. It's similar to the 3600/3550 level of Bitcoin". When we look at the XRP/BTC pair, we can see it broke support of that big wedge , but so far no real drop or volume . So it could still be noise.

Previous analysis:
Comment: Got rejection from from the triangle resistance but we have to stay above the purple zone from now on. Ideally it stays inside a bull flag.
It's still falling behind compared to other alts, so it has to catch up. As i mentioned in my BTC analysis, i want to see this one make a push above that 0.4, to think the second stage of the upwards correction has started.

If you want to support me, my affiliates:

Bitcoin futures trading, 10% discount:
For copy trading FX at Etoro:
Public Telegram Channel
XRP is having a rough time :/
+2 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out