Here is my analysis on XRPUSD. As you can see, we are in a clear downtrend and we have a lot of barriers to break until we break the overall downtrend and push to all time highs (we can hope!)
The first area I'm monitoring is the $0.18-20 area, we've got a clear downtrend that has held from the 15th of Febuary to this date, I would like to see a breakout and re-test of this level before continuing up.
The second area I will be monitoring is the $0.22-26 area. We have some key levels here, as well as a number of EMA's that may keep price from going up. I find EMA's pretty reliable as a confluence, as there always seems to be some form of pullback - so this is a vital are to break in order to see more upside.
If we make it this far, it should be clear traffic between the $0.26 and $0.34 area until we are met with two strong downwards trendlines and a strong key level where price collapsed previously. If we break these trendlines and key level, then we could see XRP on it's path to all time highs!https://tweakbox.mobi/ https://getappvalley.com/ https://vlc.onl/
Edited by NolanCameron, 26 March 2020 - 09:45 AM.