2023-06-09 17:57:53
XRP Market Update:
XRPBTC is teasing 0.000020 BTC WZRD resistance, a bullish breakout above can offer a further upside move and help XRP to push higher
XRP is trading between $0.5050 and $0.5370, as long as it is above $0.5050 WZRD Support XRP will be in a bullish region but below $0.5050 it can decline further Bitcoin and XRPBTC both should be leading the way from here.
Due to the weekly CME weekly closing of Bitcoin, we can get more random moves from this region.
I will pay more attention to the intraday chart tomorrow.
**THE XRP BLUEPRINT IS THE KEY, DON’T MISS OUT **
Intraday:
The intraday chart is moving choppy and now teasing a WZRD resistance
A stable bullish breakout above $0.5295 (POI) and holding there will offer a long towards $0.5600 but Bitcoin will also have to push up to get such a move - Blue WZRD Projection A healthy rejection can offer a short towards $0.5000 but a breakout below the higher low trendline is important - Red WZRD Projection Whatever Bitcoin does XRP will follow that today and XRPBTC should also play a role.
From the mid-US trading session, we should see more intraday volatility ahead of the CME weekly closing.
H1: https://www.tradingview.com/x/GhuJYxRZ/
Daily: https://www.tradingview.com/x/YgA6RDdV/
XRPBTC: https://www.tradingview.com/x/gEXiSQwH/
425 viewsC, 14:57