- XRP continues to have problems breaking the current supply zone
- We did get a CRUP a few days ago, which bodes well bullish momentum going forward as long as it does not get canceled
- EMAs do look like they are started to trend higher after a week of sideways
- If we break above this supply zone, we could very quickly see $0.60 and most likely retest the highs made a few weeks ago
- A breakdown from this level could see a retest of the demand zone below near $0.41
Thanks guys!
Comentário:
We got a massive move yesterday after posting our chart. Ripple was at $0.46 at the time of posting, right below the midline of the supply zone and has now moved up through 2 resistance zones and currently retreated back down using the S/R flip area as support.