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XRP Update, Weekly Volume!


Hi there all. This week, XRP is about to break the weekly resistance considering the Heikin-Ashi candle type. Let's directly check our chart as below:


As it is clear, XRP is breaking the small resistance around $0.33 once again. XRP breaks $0.33 back and forth, that's why we have the second largest volume around this price. The major volume has shown itself around $0.22. We will be also checking the volume shortly.


Wave Trend Indicator


The weekly trend indicator was at an over-sold area and currently holding the green signal still. This interprets XRP as good to go first for $0.51 - $0.66 levels.


As soon as we see the wave trend indicator above 0 (right side values) we will be sure, that XRP will definitely continue to the targets. Currently, it is at -40 level.



The volume of XRP Weekly


XRP Volume is huge around the $0.22 and $0.33 levels as clearly indicated below. We discussed in February 2022 that the most important and worst-case scenario could be $0.22 based on our expectation when XRP is around $1 levels.


The chart below indicates the mean value is at the $0.20 level.


for Conclusion


XRP has broken one of the important resistance this week and the Wave trend signal turned into green again. Considering the volume of XRP, we discussed $0.33 as one of the major points. The move will be more obvious as long as XRP breaks $0.36 (needs to stay above this level at least 3 days for us to say a level is broken)


Let's wait for the good news in the upcoming days and wait for the Sun to shine again!


Have a great weekend

Cheers,

DD


As always, Important Note: None of the targets represented on defenddark.net and defenddark.com is financial advice. The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.




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