Yesterday, buyers could not overcome the resistance of $0.19. During the day, XRP fell back to support around $0.183, and at the Asian session, the bulls formed a powerful impulse that tested the psychological level of $0.20.
Currently, XRP has already reached its local peak and unlikely to go higher as the trading keeps decreasing. Furthermore, the Relative Strength Index indicator has formed the bearish divergence on the daily time frame, which considers the possible drop.
Currently, XRP has already reached its local peak and unlikely to go higher as the trading keeps decreasing. Furthermore, the Relative Strength Index indicator has formed the bearish divergence on the daily time frame, which considers the possible drop.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.