XRP price analysis. Liquidity pools above resistance lines.

  • XRP price is down by 1.5% from $0.25500
  • Price looks for at support and resistance levels

1 Hour XRP/USD price

XRP price continues sideways movement and is now fluctuating between the $0.24500 support and resistance levels above. It is well worth to note that the price has not tappen into any of the liquidity zones above resistance for a while now. On the 30th of September price made a higher high of $0.26150, subsequently $0.25500 and $0.25350 highs were achieved on the 2nd and 3rd of October. It has to be monitored now if price moves above those zones on high momentum or will it merely tap into liquidity pools above those lines in stop-loss hunts.

On the other side of the graph, the price may hunt for long positions below the $0.24450 line. Several more stop-loss hunts at the support level and none at resistance in the short term will be a good indicator of an upcoming price spike.

[ad_2]

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More