weekly price action for XRP.
This week will likely see an attempt to close below the Nov 30 weekly candle close (circled). Price has already attempted this once.
I was expecting a bounce from the 0.45 - 0.50 level, see the discussion in the linked idea below. Ideally, we want to see a weekly close above the 0.62 level which will provide the perfect platform to target the next level of 0.86-0.96.
Short term target is still around the 1.00 mark, with longer term projections significantly higher than the ATH .
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This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.
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