XRP is tightening between a long-standing descending resistance and a major support zone around $2.82. Price is pressing lower, but momentum is stretched with Stoch RSI oversold.
Holding support could set up a squeeze toward $3.20+.
A breakdown would confirm bearish continuation, opening downside into the $2.70s.
This is a classic compression setup — the resolution of this range will likely decide the next trend move.
Holding support could set up a squeeze toward $3.20+.
A breakdown would confirm bearish continuation, opening downside into the $2.70s.
This is a classic compression setup — the resolution of this range will likely decide the next trend move.
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Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
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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.