XRPUSD - Important to hold above 1.10
Hi Everyone
Hope you had a great weekend.
XRP made some good strides but nothing out of the ordinary compared to normal price increases on the 3D (which are generally big green candles followed by big red ones). We captured a significant zone in terms of resistance and support, now we need to hold the zone.
If e can keep above $1.10, our next stop is most likely around $1.24. If we are unable to hold our newly claimed territory, we can expect to go back to 1.06.
Currently, I favor the first scenario.
Have a great week and check back daily for updates,
Ev
Hope you had a great weekend.
XRP made some good strides but nothing out of the ordinary compared to normal price increases on the 3D (which are generally big green candles followed by big red ones). We captured a significant zone in terms of resistance and support, now we need to hold the zone.
If e can keep above $1.10, our next stop is most likely around $1.24. If we are unable to hold our newly claimed territory, we can expect to go back to 1.06.
Currently, I favor the first scenario.
Have a great week and check back daily for updates,
Ev
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