XRP has been strengthening in a horizontal consolidation pattern for quite some time.
The $3.32 region, which was the 2017 peak, was retested on the monthly chart and rejected.
This level was a significant resistance area in the past, but it is now a pivot point that could potentially open the door to a new parabolic rise.
Major support at $1.99, staying above this level confirms the bullish reversal of the structure.
The momentum indicator is in an area where it could move upward.
This table may signal the awakening of a giant that has been silent for a long time.
Emerging from the re-accumulation phase is not always without surprises.
The $3.32 region, which was the 2017 peak, was retested on the monthly chart and rejected.
This level was a significant resistance area in the past, but it is now a pivot point that could potentially open the door to a new parabolic rise.
Major support at $1.99, staying above this level confirms the bullish reversal of the structure.
The momentum indicator is in an area where it could move upward.
This table may signal the awakening of a giant that has been silent for a long time.
Emerging from the re-accumulation phase is not always without surprises.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.