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FieryTrading
Apr 2, 2023 2:33 PM

🔥 XRP Reversing From Bear-Market Resistance: End Of Trend? Long

XRP / TetherUSBinance

Description

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Recently I've mad a couple of analyses on XRP and the huge trend it was in, see below. Congratulations if you followed my last two analyses, all targets have been hit!



As expected in my previous analysis, XRP is encountering heavy resistance around the Summer-2022 top and the dotted purple resistance line.

In case we stay bearish, I'm looking at the yellow area for a potential reversal to take place. On the other hand, we can very well break out bullish in the coming week. This could be the start of a further run-up towards $0.70 or so.
Comments
FirstNameHelen
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Interesting analysis, appreciate your efforts
ProjectSyndicate
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still targeting 60 cents. shallow pullback due to profit taking.
Gold-Tech
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Interesting. Competent analysis. Thank you
RLinda
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Thanks for the detailed analysis of the potential asset movement, that was very helpful. Very interesting to watch your reasoning on technical analysis.
LegionQ8
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Good content, keep it up
Tolberti
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Thanks for sharing, good idea!
InkyGrip
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Good plan for XRPUSDT mate. Thanks for sharing this chart.
SwallowPremium
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Quality post! Keep posting)
EssStSt
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Top quality as always.
Its about time XRP starts pumping, we are rootin' for new ATH.
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