XRP's strongest support at $ 0.28 was broken on August 14. Soon after, this support level was tested again and it has now become the strong resistance that XRP is facing.
The bulls need to push XRP above $ 0.28 for a while, at which point we can expect a short-term rally to $ 0.33.
However, the bears are in control. A thin support is being formed at $ 0.25. If the bears sink XRP below $0.25, it will resume its downtrend and plunge to $0.19.
Our expected level is at $ 0.147.
The bulls need to push XRP above $ 0.28 for a while, at which point we can expect a short-term rally to $ 0.33.
However, the bears are in control. A thin support is being formed at $ 0.25. If the bears sink XRP below $0.25, it will resume its downtrend and plunge to $0.19.
Our expected level is at $ 0.147.
Comment:
