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XRP Technical Analysis and Market Update
XRP
XRP Technical Analysis and Market Update
Di Trade-Lean
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9 nov 2022
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9 nov 2022
XRPBTC dipped towards 0.00001969 BTC yesterday, but strongly recovered most of the dip.
The daily candle closed above 0.00002110 BTC support, but today’s daily candle is testing this support.
This comes from bullish BTC Dominance and bearish Bitcoin .
We need a rejection of 0.00002110 BTC and a move up.
The longer we stay below 0.00002110 BTC , the higher the chance it will go further down.
XRPUSD suffered more than XRPBTC yesterday.
It tested CRYPTOLEAN support of $0.3515 and closed bearish in the 40 cents region (marked in grey in the daily XRPUSD chart).
A price could oscillate around this region for several days.
Beyond Technical Analysis
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