XRP Looking absolutely bearish, price failed to break past the .3250 levels and is now on a powerful downtrend, price has fell to the .22 area that many of us thought it could not reach.
There is a possibility of a small bounce once the trend and the resistance @.29 is broken, until then I (sadly) don't see anything exciting about XRP.
Key resistance is at .47 (38.20%)
Current price action suggests that the triangle could be broken upwards to achieve a .53 price point before July 8th.
Current support is at .30 while the next resistance is at around .33 levels, Stoch RSI indicates to be overbought and a pullback might be incoming causing a reversal to current support zones.
Looks like there is a good chance of an ascending channel being formed at current levels and a price drop towards .29 is likely to happen if the channel does actually form. ...
Current support is at .30 while the next resistance is at around .33 levels, Stoch RSI indicates to be overbought, a pullback might be incoming causing a reversal to current support zones.
There seems to be possibility of an ascending channel being formed at current levels and if that is the case a price drop towards .29 will likely happen. However I'm still not...