#XRP

On HTF it looks like the coin is dead, but actually it has nice uptrend dynamic, even though its slow.

Usually such long accumulations brink intensive moves: LINK example.

What is now?

I see positive bullish trend and expect the continuation, once the coin closes above that blue box zone, the move upwards will be pretty fast.

D close above 0.8173 is important for fast uptrend continuation towards to other levels you can see on the chart (n.1)

If we see bear reaction at 0.8173, then possible that the coin will reject to test the blue box zone, in this case staying above the blue box is crucial for bullish continuation (n.2)

N.3 is bearish scenario, if the price now crashes and closes below.

All red lines are important resistance levels.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.