Hello, welcome to this XRP/USD 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-extended declines on Friday, as traders continued to secure profits following recent highs.
XRP/USD dropped to a bottom of $0.4246 in today’s session, which comes a day after a peak at $0.4536.
Today’s drop comes three days after XRP hit a peak at $0.4940, which was its strongest point since last November.
This latest decline comes as the RSI fell below a ceiling at the 64.00 mark, and is now tracking at 57.31.
Despite the slip in sentiment, bulls rejected a breakout from a floor of $0.4250, with XRP now trading at $0.4264.
There will likely be another attempt to push prices under this mark, however, should this point of support hold, there could be a reversal during the weekend.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-extended declines on Friday, as traders continued to secure profits following recent highs.
XRP/USD dropped to a bottom of $0.4246 in today’s session, which comes a day after a peak at $0.4536.
Today’s drop comes three days after XRP hit a peak at $0.4940, which was its strongest point since last November.
This latest decline comes as the RSI fell below a ceiling at the 64.00 mark, and is now tracking at 57.31.
Despite the slip in sentiment, bulls rejected a breakout from a floor of $0.4250, with XRP now trading at $0.4264.
There will likely be another attempt to push prices under this mark, however, should this point of support hold, there could be a reversal during the weekend.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
