XRP: Buyers are back at key resistance
Today's focus: XRP
Pattern – Resistance Test
Support – .5778
Resistance – .7265, .8200
Hi, traders; thanks for tuning in for today's update. Today, we are looking at XRP daily.
So far today, we are seeing weaker prices after XRP surged back above 70 cents. Buyers once again look to be stalling at key resistance, which has been in place since July 2023. Will broader market momentum contnue to push prices higher and break resistance, or could we see a new test lower while resistance remains in play?
Good trading.
Pattern – Resistance Test
Support – .5778
Resistance – .7265, .8200
Hi, traders; thanks for tuning in for today's update. Today, we are looking at XRP daily.
So far today, we are seeing weaker prices after XRP surged back above 70 cents. Buyers once again look to be stalling at key resistance, which has been in place since July 2023. Will broader market momentum contnue to push prices higher and break resistance, or could we see a new test lower while resistance remains in play?
Good trading.
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