XRPUSD forecast AUG-SEPT2023

1 באוג׳ 2023

As per my previous analysis, price perfectly touches the support zone and achieved way above the supply zone ( due to XRP wins over SEC). For this technical analysis, XRP price is currently moving sideways ( accumulation) after the downfall in the 0.8xx area and we are hoping for the price to touch on the liquidity zone at 0.72 - 0.73 (Yellow Arrow) which was previously respected and hopefully to bounce back at demand zone at 0.6750 zone else will continue to fall at the lower demand zone in the 0.57 area (Red arrow, perfect zone to buy) hoping to distribute above 0.85 (Green Arrow)to fullfill its Wyckoff pattern.