top of page

XRP is above Ichimoku-Clouds!


Hi there. Recently we have broken the $0.3333. This level is the biggest resistance in XRP history when you check the overall price chart in all time frames. And this level is Broken.


Daily Bar Charts


We said yesterday that in daily charts XRP is squeezed between $0.32 and $0.33. Please check how these levels are tested and currently broken.







Ichimoku-Clouds in 4-Hour Time Frame


Ichimoku is clearly above the clouds in 4 Hour time frame. Price start moving conversion line (White zig-zag)


What Does the Relative Strength Index (RSI) Say?


Let's have a look at the 1 day RSI structure which is in an up-trend






Conclusion


4H Resistance for the $0.33 is clearly broken. We can have re-tests there however, we can now expect our 3rd wave towards $0.42-$0.66.


As always, Important Note: None of the targets represented here is financial advice. Do your research in due diligence and take responsibility for your decisions & actions when buying or selling an instrument.




2,358 views0 comments

Recent Posts

See All
bottom of page