$XRP

27 Nis 2021

XRP - 1-day chart, The recent death cross of MA 9 and MA 20 drove the asset's selling to reach the $0.86 support, but this is also a good entry point for traders. It is in an oversold state and ending consolidation. The large green engulfing candle shows buyers that reversed the direction and drove the price to the middle of the Bollinger band. It will test the $1.63 resistance and the recent high. I drew the white trendline, where XRP needs to come out to retrace and potentially make a new ATH. There's more room to grow; the all-time high was in 2017 of $3.3.