XRP ANALYSIS:
XRP has had a DEEP fall, and is expected to have a relief rally bounce back up to the resistance zone which now posted within the range of 2620-2690 sats. This zone is your short entry ideal zone. Wait for the price to bounce and stagger bids inside this zone. Long term outlook is the breakdown of XRP/BTC down to the low hanging support inside the green box. Daily RSI will finally bottom and it will give ATR a chance to plunge below neutral. Buyers will be more eager to buy within the support zone as sellers exhaust for the last leg down. Take profit targets are listed at T1 of 2503 sats, T2 at 2455 sats, and T3 at 2406 sats.
Possible Short Entries: 2620-2690 sats
XRP has had a DEEP fall, and is expected to have a relief rally bounce back up to the resistance zone which now posted within the range of 2620-2690 sats. This zone is your short entry ideal zone. Wait for the price to bounce and stagger bids inside this zone. Long term outlook is the breakdown of XRP/BTC down to the low hanging support inside the green box. Daily RSI will finally bottom and it will give ATR a chance to plunge below neutral. Buyers will be more eager to buy within the support zone as sellers exhaust for the last leg down. Take profit targets are listed at T1 of 2503 sats, T2 at 2455 sats, and T3 at 2406 sats.
Possible Short Entries: 2620-2690 sats