ðĨ XRP Reversing From Bear-Market Resistance: End Of Trend?
Recently I've mad a couple of analyses on XRP and the huge trend it was in, see below. Congratulations if you followed my last two analyses, all targets have been hit!
As expected in my previous analysis, XRP is encountering heavy resistance around the Summer-2022 top and the dotted purple resistance line.
In case we stay bearish, I'm looking at the yellow area for a potential reversal to take place. On the other hand, we can very well break out bullish in the coming week. This could be the start of a further run-up towards $0.70 or so.
As expected in my previous analysis, XRP is encountering heavy resistance around the Summer-2022 top and the dotted purple resistance line.
In case we stay bearish, I'm looking at the yellow area for a potential reversal to take place. On the other hand, we can very well break out bullish in the coming week. This could be the start of a further run-up towards $0.70 or so.
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