XRP Analysis:
XRP is forming a symmetric triangle on a 4-hour chart and now at the support trendline. The support is around $0.61-$0.615 and a good area to open a long position with stop loss below $0.575. The resistance area is $0.66 and $0.7. If XRP breaks the triangle upward, we will see a rally towards $0.9-$1. The major support zone is $0.5 and if broken we will see XRP trading around $0.3-$0.35.
XRP is forming a symmetric triangle on a 4-hour chart and now at the support trendline. The support is around $0.61-$0.615 and a good area to open a long position with stop loss below $0.575. The resistance area is $0.66 and $0.7. If XRP breaks the triangle upward, we will see a rally towards $0.9-$1. The major support zone is $0.5 and if broken we will see XRP trading around $0.3-$0.35.