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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Explore 5,000 Strategies at quanttradingpro.com
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.