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.
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