CryptoCheck-

XRPUSD - Retest of $1.30 Supply zone

CryptoCheck- Uppdaterad   
BITSTAMP:XRPUSD   Ripple
Hi Everyone

We saw some volatility in XRP after yesterday's SEC case, the outcome was generally considered positive for Ripple. However this doesn't affect our current cycle; we still need to retest supply zone/ resistance of $1.30.

I expect us to move towards this target as ETH makes its run, which is currently happening. After ETH new high we can consider a new high for XRP, as per previous cycles.

Thanks for watching,
Ev
Kommentera:
It seems BTC stole the show again; we might consolidate at this point right under our target for the time being whilst Bitcoin continues to move.
Kommentera:
Moving up towards our first target $1.30, we would need to CLOSE ABOVE this zone to consider it captured.
Kommentera:
Target reached, now we need to close above. If we manage that, the skies are open!

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