kyer

XRPUSD Accumulation Zone

Long
KRAKEN:XRPUSD   XRP
Looking at the 4-hour, 0.24535 marks the top of the accumulation zone and a prime point for an entry, I believe XRP will bounce off this level

Daily Time frame of XRP


Looks like after the August pump in 2020 XRP dipped back down to 0.24535 and then pumped from that level again to newer highs in 62 days, a little over 2 months.

Now XRP has found support at the same levels and will continue to accumulate for 2 months and that puts it right at the end of February after the SEC case.

Where do you think the price of XRP is going?

Idées en relation

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.