XRP/USDT : Not feeling well for it

25 Ağu 2021

XRPUSDT
Hello everyone 😃

Recently, XRP broke above the ATH's bearish trendline and retest it on daily TF, Now it's on choppy zone and it won't follow the same path of other major coins.
The main direction will be a sideway below current bearish trendline till any side gets broken by the pair and take hold above/below it !
- The new bearish trendline is forming a descending channel with lower trendline.
- There is a lead for XRP to stuck into the channel if BTC don't break 50K resistance.
- The main direction is neutral- bearish.

There is a stiff support zone which is located near to $1 logical bullish breaker !
So it XRP lose this support, Then it will dive to ~$0.75 support zone which is combined with the FIB's level.

🔰 Any hold above higher trendline will trigger our bids to buy XRP with a target located at $1.5.


Hope you enjoyed our analysis about XRP's possible directions🙌
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Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
Helical_Trades