Trade_Scholar

XRP vs SEC!! XRP Holds The Winning Hand

Long
BINANCE:XRPUSDT.P   XRP / TetherUS PERPETUAL CONTRACT
Daily Timeframe

Price has been Consolidating on the FIB level 0.382 for four days, the daily resistance @0.8763, with XRP having an on going case thus causing less volume of the coin being traded .

H4 Timeframe

The upward channel has been forming for the past week, From 29th - 31st candles have been consolidating on the trend line with no direction of the trend. The same trend had happened last week before the price created a new high @0.9000.

H1 Timeframe

Price is at trendline support level forming the Order Block, between 0.8500 & 0.8700 these been institutional levels, we see a dump back to 0.7700.

We will discuss more on the possibility on our Live. Stay tune and check with us!

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