Khiwe

XRP/USDT: Potential Drop For A Bullish Pullback

Khiwe Updated   
BINANCE:XRPUSDT   XRP / TetherUS
Good day,

The XRPUSDT price has the potential to drop to 0.5953–0.5872 and turn bullish up to 0.6339 with a bias of 0.6530.

If the price breaks the resistance at the 0.63 level that sustains the bearish momentum in the 30-minute time frame, then that will invalidate the setup.

The current potential dip is a minor retracement to 4-hourly bullish momentum.

Happy Trading,
K.
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