XRP-4h. Buyers held $0.24-0.26 and are preparing to shoot.

12 ม.ค. 2021

Despite the unpleasant situation in the BTC market yesterday, XRP buyers showed courage. Breaking the critical range $0,24-0,26 on January 6-7 gave XRP investors a signal for a probable growth of the coin. Confident control of the $0.24-0.26 range yesterday gave buyers another note of positivity.

In addition, yesterday sellers tested the critical range at lower volumes. Comparing yesterday's trading volumes with the volumes on January 6-7, it becomes clear that yesterday's attempt by the sellers to impose a struggle was just a correction.

Confident continuation of XRP price growth is possible only after consolidating above the range of $0.32-0.33. It is in this range that the main liquidity has accumulated, which does not allow the price to reach the first target of $0.45-0.46.

An unsuccessful attempt by buyers to break the $0.32-0.33 range will continue the consolidation between the $0.24-0.33 marks.

In the event of a new sharp wave of decline in the BTC market - we will create a new XRP idea.

P.S. what do you think about XLM idea:

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