XRP → ATH is getting close. Consolidation before the rally

Updated
XRPUSDT rallies to ATH. The three-year accumulation is starting to realize itself and thanks to a tailwind - Trump, the coin makes a jump of 140%

snapshot

At the moment the coin is in consolidation after the rally. There are no technical prerequisites and reasons for a reversal and fall, the price is accumulating the potential for continued growth. The focus is on the resistance at 1.523 and 1.6300. Breakthrough and consolidation of the price above this zone will provoke aggressive purchases, which may lead to a new impulse. It is possible that the local correction of bitcoin may put a slight pressure on the coin, which in turn before further growth will test the area of 1.4116 (strong resistance from September 2021), or the lower boundary of consolidation - 1.2775.

Resistance levels: 1.5234, 1.6300
Support levels: 1.4116, 1.2775, 1.2133


So, since we have a bull run, an ascending channel and a strong consolidation, in this case it is logical to consider buying only, which can be done only from the support or after the resistance breakout. The target in the form of ATH 1.9669 is getting closer and closer :)

Rate, share your opinion and questions, let's discuss what's going on with ★ XRPUSDT ;)


Regards R. Linda!
Trade active
A breakout of resistance is forming.
XRP starts realization
Trade closed: target reached
snapshot
Note
+34%
snapshot
Note
At the moment, the important level is 1.9500.
The coin is consolidating in this zone and the market is focusing on this zone.
If the coin breaks the level and consolidates above 1.9500, ripple will go even higher. And with a high probability it can update ATH
snapshot
Note
snapshot
Ascending ChannelAscending TriangleBTCChart PatternsconsolidationFibonacci RetracementFundamental AnalysisSupport and ResistanceTrend AnalysisTrend Line BreakxrpZigzag

🌹TRADING is a CASINO💔!?

NO‼️

You❗️CAN and ❗️SHOULD make money in trading!

Join me, I'll guide you to PROFITABLE TRADING💵!

🟢Free Telegram Channel:
t.me/RLindaTrade

🔴Contact:
t.me/RLindaSignals

🧿Web: rlinda.com
Also on:

Related publications

Disclaimer