Good day XRP enthusiasts š«”
My XRP overview :
My Fib tool was dragged using last months candle stick.
This highlighted key area in which price needs to overcome before we canāt shoot and create new ATH.
Key price areas to look at:
1. 0.5 level at $2.4775
Price is likely to see some minor resistance at this point.
2. Sell Side OB at $2.55
Price is likely to sell off coming back below the 0.5 level. Hopefully there is enough momentum at that price range and price will drop to $2.34 Buyside FVG
1 day chart .
3. Good buy zone and long term trade ,
Buy at $2.34 .
This is a great area to go for long positions, price is likely to retest the previous downtrend trendline , but fail to come back in. Then it will push upwards.
Thus holding long term long positions until we hit targets of:
ATH : $3.26
Previous month high at : $2.9
Potential highs at : $4 , $6 and $10