RoboForex Team
Well-known member
XRP under pressure again as ETF inflows slow and US crypto regulation stalls
XRP is correcting after a sharp rally. The current price is 1.6140.
Technical outlook
On the H4 chart, XRPUSD formed an Inverted Hammer reversal pattern near the middle Bollinger Band. At this stage, the price could continue the upward wave as the pattern signal plays out, with resistance around 1.6600 serving as the upside target.
XRPUSD is correcting today after a sharp rally.
Read more - XRPUSD Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
XRP is correcting after a sharp rally. The current price is 1.6140.
Technical outlook
On the H4 chart, XRPUSD formed an Inverted Hammer reversal pattern near the middle Bollinger Band. At this stage, the price could continue the upward wave as the pattern signal plays out, with resistance around 1.6600 serving as the upside target.
XRPUSD is correcting today after a sharp rally.
Read more - XRPUSD Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
