$XRP XRP Analysis - $1.50 Now
Today, Ripple released 1 billion XRP and then returned to close with 700M
The supply is under control
The price is squeezed between:
Support $1.48 - $1.46
Resistance $1.54 - $1.55
Situation:
Above all moving averages ✅
But RSI = 49 neutral
My expectation:
Break $1.55 = $1.60 then $1.70
Break $1.48 = $1.45 then $1.40
I think $1.15 needs to hold today; it will rise a little then drop
$XRP #XRP
Today, Ripple released 1 billion XRP and then returned to close with 700M
The supply is under control
The price is squeezed between:
Support $1.48 - $1.46
Resistance $1.54 - $1.55
Situation:
Above all moving averages ✅
But RSI = 49 neutral
My expectation:
Break $1.55 = $1.60 then $1.70
Break $1.48 = $1.45 then $1.40
I think $1.15 needs to hold today; it will rise a little then drop
$XRP #XRP