XRP/USD Analysis: Seeking Confirmation for Trend Reversal
Hello Everyone,
XRP/USD has shown resilience, responding positively to both weekly and daily support levels. To strengthen the indication of a trend reversal, it is crucial for the price to consistently stay above the daily Pivot Point (PP). Nonetheless, as of now, the sentiment leans towards selling XRP/USD. What we anticipate next is a sustained position above the weekly PP to reinforce the upward momentum. Nevertheless, it's important to acknowledge the potential for further testing of support levels in the near term.
TradeWithTheTrend3344
XRP/USD has shown resilience, responding positively to both weekly and daily support levels. To strengthen the indication of a trend reversal, it is crucial for the price to consistently stay above the daily Pivot Point (PP). Nonetheless, as of now, the sentiment leans towards selling XRP/USD. What we anticipate next is a sustained position above the weekly PP to reinforce the upward momentum. Nevertheless, it's important to acknowledge the potential for further testing of support levels in the near term.
TradeWithTheTrend3344