"XRP showing interesting technicals here. Currently testing the $0.55 support level that's held since May - daily RSI at 42 suggests neither overbought nor oversold. Volume profile shows accumulation between $0.52-$0.58. Break above $0.60 with volume could target $0.68 resistance, but watch the 200DMA at $0.57 acting as dynamic resistance. Bear case: loss of $0.52 opens door to $0.48 support. This news could provide fundamental catalyst if it brings fresh institutional interest." (280 chars)

Top comment by @ChartWhisperer

More coverage

Explore the topic

More on $XRP

Comments