RPUSD technical analysis of price by volume

Ripple, having tested the March accumulation area of 0.94-0.96 USD (point 1 on the screen), tested three times from below 0.84 USD and went on an increased volume under 0.80 USD. Further, the buyers' resistance was clearly expressed in the zone of 0.76-0.77 USD. They defended against the attack on bids using several big orders for 100,000 ripples per minute (point 2 on the screen). We will safely join whoever will win the battle (point 3 on the screen). In our opinion, bears are more likely to win if they will push 0.76-0.77 USD with the first target of 0.70-0.71 USD. Falling is expected, ladies and gentlemen.


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.