XRP’s breakout and RSI retest signal a possible climb past $0.6044 resistance.
Ichimoku Cloud shows a bearish trend whereas a breakout could shift XRP to bullish.
Volume and open interest drop, but long positions dominate in XRP derivatives.
XRP is flashing bullish signals after its recent breakout and retest of the weekly Relative Strength Index (RSI), according to analyst Dark Defender.
This suggests the cryptocurrency could soon push decisively above the $0.6044 resistance level, potentially climbing towards its next target at $0.6649. A break above this key resistance could signal the end of XRP’s current consolidation phase.
Hey there. #XRP had an excellent break-out and retest in the weekly RSI.
I expect the price will strongly break $0.6044 within hours & proceed for the level boss, $0.6649.
When the boss is eliminated, we will all say "Ciao" and never see him again.#XRPCommunity pic.twitter.com/yuMsgIYBXg
— Dark Defender (@DefendDark) September 15, 2024
Key Price Levels and Resistance Zones
Dark Defender’s analysis on the weekly chart reveals that XRP has recently tested significant support levels around $0.2875, indicating strong buying inte…
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