$XRP DAILY BREAKDOWN 📊 | PART 6
We’re now down to the Daily timeframe, and this is where the recent XRP move starts getting more interesting.
XRP has made a strong push from the $1.06-$1.12 area, breaking through several important levels around $1.28, $1.34 and $1.40 before reaching the $1.50-$1.52 resistance zone. After that move, we’ve seen a pullback, but buyers are still holding the higher levels.
Right now, XRP is around $1.46, with the $1.43-$1.48 area being one of the key zones I'm watching. If price can hold this region and reclaim $1.50-$1.52, the next levels to watch are around $1.54, $1.65-$1.70 and $1.77+.
On the other hand, losing $1.43 could open the door toward $1.35-$1.40, while the stronger support below sits around $1.28.
The Daily structure is still looking bullish after the recent breakout, so as we zoom further down into the lower timeframes, I’ll be looking for a buy setup, preferably after a breakout and retest or a strong reaction from one of the key support levels.
Big picture first. Entries later.
#XRP #Ripple #Macro Insights#
We’re now down to the Daily timeframe, and this is where the recent XRP move starts getting more interesting.
XRP has made a strong push from the $1.06-$1.12 area, breaking through several important levels around $1.28, $1.34 and $1.40 before reaching the $1.50-$1.52 resistance zone. After that move, we’ve seen a pullback, but buyers are still holding the higher levels.
Right now, XRP is around $1.46, with the $1.43-$1.48 area being one of the key zones I'm watching. If price can hold this region and reclaim $1.50-$1.52, the next levels to watch are around $1.54, $1.65-$1.70 and $1.77+.
On the other hand, losing $1.43 could open the door toward $1.35-$1.40, while the stronger support below sits around $1.28.
The Daily structure is still looking bullish after the recent breakout, so as we zoom further down into the lower timeframes, I’ll be looking for a buy setup, preferably after a breakout and retest or a strong reaction from one of the key support levels.
Big picture first. Entries later.
#XRP #Ripple #Macro Insights#
