#Xrp - update:
Descending triangle on the daily chart or bullish consolidation on higher timeframes??
The closing of the bullish candle on H4, but the zone is very neutral.
Double bottom on the daily chart at the level of $2.820 ✅
The descending structure on the daily chart is still relevant.
Without a confident breakout above $3,200 ( based on daily data) I expect many bounces from resistance or sideways movement!
Neutral zone: 3.150 - 2.70$
Local resistance/support levels:
2.820 - 2.860 - 2.940 - 3.040 - 3.07 - 3.120
Short-term forecast:
There are many levels of resistance to break throug
Descending triangle on the daily chart or bullish consolidation on higher timeframes??
The closing of the bullish candle on H4, but the zone is very neutral.
Double bottom on the daily chart at the level of $2.820 ✅
The descending structure on the daily chart is still relevant.
Without a confident breakout above $3,200 ( based on daily data) I expect many bounces from resistance or sideways movement!
Neutral zone: 3.150 - 2.70$
Local resistance/support levels:
2.820 - 2.860 - 2.940 - 3.040 - 3.07 - 3.120
Short-term forecast:
There are many levels of resistance to break throug
XRP0,1%


