XRP –
Technical Observation:
XRP is currently trading with a neural bias. The trend in this crypto is neutral, however, we expect the bulls to dominate in the near further. The previous day’s daily candle was a perfect bullish pin bar but below a key daily line $0.8090, I’m waiting for a break above $0.8532 to confirm a bullish rally towards $1.1568 and should breakout higher towards 1.5603 or even higher to 1.9595.
Technical Levels
Resistance levels
R1: 1.1568
R2: 1.5603
R3: 1.9595
Pivot
0.791
Support Levels
S1: 0.7187
S2: 0.7823
S3: 0.7921
Trade Signal
Buy XRP above $0.8535 towards $1.1568
You may check other analytical reviews on FreshForex website. Source: freshforex.com.