XRP/USDT: Potential Drop For A Bullish Pullback
Good day,
The XRPUSDT price has the potential to drop to 0.5953–0.5872 and turn bullish up to 0.6339 with a bias of 0.6530.
If the price breaks the resistance at the 0.63 level that sustains the bearish momentum in the 30-minute time frame, then that will invalidate the setup.
The current potential dip is a minor retracement to 4-hourly bullish momentum.
Happy Trading,
K.
The XRPUSDT price has the potential to drop to 0.5953–0.5872 and turn bullish up to 0.6339 with a bias of 0.6530.
If the price breaks the resistance at the 0.63 level that sustains the bearish momentum in the 30-minute time frame, then that will invalidate the setup.
The current potential dip is a minor retracement to 4-hourly bullish momentum.
Happy Trading,
K.
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