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XRP Daily Market Update
XRP is forming bullish patterns overall ✅ but here’s what’s next:
1️⃣ Around $3.1621 there is a Double Top bearish pattern. XRP needs to break this level with confirmation to indicate the trend remains bullish.
2️⃣ Another option ⚠️ — XRP could cross down, grab liquidity, hunt stop-losses, and reach the green support zone around $2.1873. From there, buyers may step in again since strong accumulation and volume exchanged at this level.
🔎 On the higher time frame, XRP is still bullish 📈 — but this is the daily scenario at the moment.
1️⃣ Around $3.1621 there is a Double Top bearish pattern. XRP needs to break this level with confirmation to indicate the trend remains bullish.
2️⃣ Another option ⚠️ — XRP could cross down, grab liquidity, hunt stop-losses, and reach the green support zone around $2.1873. From there, buyers may step in again since strong accumulation and volume exchanged at this level.
🔎 On the higher time frame, XRP is still bullish 📈 — but this is the daily scenario at the moment.
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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.
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.