XRP / USD TA
This is the time for XRP to prove itself by breaking out from this 2 year downward trending resistance.
0.25 - 0.29 cent region will be the battle grounds for bulls and bears for the next coming days / weeks. We need to see convincing break above those zones before we can start turning bullish on XRP for our short to medium term trades. Rejection off this line will mean that we see a drop towards 16 cents again.
Time frames to watch for possible breakout are from January 21 to February 14 give or take few days.
Not placing any leverage trades just yet here.
This is the time for XRP to prove itself by breaking out from this 2 year downward trending resistance.
0.25 - 0.29 cent region will be the battle grounds for bulls and bears for the next coming days / weeks. We need to see convincing break above those zones before we can start turning bullish on XRP for our short to medium term trades. Rejection off this line will mean that we see a drop towards 16 cents again.
Time frames to watch for possible breakout are from January 21 to February 14 give or take few days.
Not placing any leverage trades just yet here.
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