XRP overbought at a Resistance level
I like how XRP`s strongest support in the chart, the $0.55 area hold up so well.
It`s a level to take into consideration when it will enter a bearish trend.
For now XRP has hit a resistance level from which it was rejected.
In a bullish case scenario before the Feb 28 SEC lawsuit, there is another, this time stronger resistance area, at $1.14 to take into consideration.
I think it needs to consolidate here first.
Looking forward to read your opinion about it.
It`s a level to take into consideration when it will enter a bearish trend.
For now XRP has hit a resistance level from which it was rejected.
In a bullish case scenario before the Feb 28 SEC lawsuit, there is another, this time stronger resistance area, at $1.14 to take into consideration.
I think it needs to consolidate here first.
Looking forward to read your opinion about it.
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