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
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Imelda Maseno
Analyst of «FreshForex» company
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