Hello everyone, let's take a look at the 1H XRP to USDT chart. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.71, if the support breaks down, the next ones are $ 0.67 and $ 0.64.
Now let's move from the resistance line as you can see the first resistance is $ 0.75, if you can break it the next resistance will be $ 0.76 and $ 0.78.
Looking at the CHOP indicator, we can see that in the 1H interval we begin to gain energy for a new move.