XRP has show some significant growth in the last few months. Looking at where it is today, I've analyzed a few key hourly and daily levels; along with some predominant Supply and Demand zones. I can see one of two different scenarios playing out here, first being that price breaks lower passed the Supply turned Demand area and into a 3HR Demand that hasn't been used yet at around: 1.3978 which is also confluent with a 1-Hour key level. If it reaches there, I can see a nice bounce up back into the supply zone around 1.6660, breaking it and reaching the next Supply zone at 1.7473 which is also confluent with a 1-Hour key level.
Second scenario is displayed using the dotted line, please refer to the chart for direction.
XRPUSDT
Second scenario is displayed using the dotted line, please refer to the chart for direction.
XRPUSDT