๐ $XRP/USDT Technical Analysis (1D Timeframe)
$XRP is currently retesting a critical supply/resistance zone! Here is a quick breakdown of what the chart is showing:
๐ Key Levels to Watch:
โข Current Price: ~$1.57
โข Immediate Resistance: $1.55 โ $1.60 Zone
โข Major Target/Resistance: $1.85 โ $1.9460 Zone
โข Key Support Base: $0.9862
๐ก Trade Outlook:
โข Bullish Case: A clean daily candle close above $1.60 could trigger a strong breakout push towards the upper liquidity pool at $1.85 โ $1.94.
โข Bearish/Correction Case: Rejection at this current zone might lead to a healthy pullback/retest around the $1.36 support area before making the next move.
Keep an eye on volume and price action at this zone! ๐๐$XRP
$XRP is currently retesting a critical supply/resistance zone! Here is a quick breakdown of what the chart is showing:
๐ Key Levels to Watch:
โข Current Price: ~$1.57
โข Immediate Resistance: $1.55 โ $1.60 Zone
โข Major Target/Resistance: $1.85 โ $1.9460 Zone
โข Key Support Base: $0.9862
๐ก Trade Outlook:
โข Bullish Case: A clean daily candle close above $1.60 could trigger a strong breakout push towards the upper liquidity pool at $1.85 โ $1.94.
โข Bearish/Correction Case: Rejection at this current zone might lead to a healthy pullback/retest around the $1.36 support area before making the next move.
Keep an eye on volume and price action at this zone! ๐๐$XRP
