- Zooming out a bit and taking a look at XRP on the daily timeframe, we can see that it's approaching previous 2020 highs at the infamous $0.327 resistance
- However this time around instead of a falling bear market rally up to this resistance, XRP is now sparking interest with traders again and we an also see the indication of that by the 'golden cross' of moving averages of the 99ma crossing above the 200ma
- Breaking through every level of resistance and back-testing these levels XRP really looks like it's going to move up or better yet soar upwards in price very soon
- Once we get a clean daily close over $0.327 I think it's wraps. We haven't closed over this valley in a little over 2 years, basically since the peak of 2017 we haven't been above this level.
1st TP 🎯 $0.368
2nd TP 🎯 $0.40326
3rd TP 🎯 $0.4792
I will continue updating you guys frequently on this coin on smaller timeframes inside of my Telegram chat, which you can find down below.
As always please do your own research, I am not a financial advisor.
