Currently XRP is in downward tunnel with tightening price range which indicates next move will be very rapid. I marked with arrows expected price move after breaking tendency lines. However, 0.31-0.315 is very strong resistance level and 0.25-0.267 strong support. If we break tendency "1" or "2" price can be immediately rejected, thus if big volume under the price will not occur I would be very careful. Personally I would put and long order above 0.315 and put sell if price will be rejected from upper resistance level.
Price is rejecting from levels 0.3-0.305 and is below big volume which makes me more confident to be short in this case.
Price is rejecting from levels 0.3-0.305 and is below big volume which makes me more confident to be short in this case.
Comment:
Price is rejecting from levels 0.3-0.305 and is below big volume which makes me more confident to be short in this case.