XRP Video update 18-12-2024
Good morning Team.
IM getting some mixed signals on XRP today.
As stated yesterday , the 2.6104 Supply Zone had to turn into a demand zone in order for the price to start its path to 3$.
The RSI on the daily does look like its loosing momentum but the MA on the 4H are looking like the 2.4918 level is holding support.
A break below 2.4918 could indicate that we testing the demand zone at 2.4158
If the demand zone does not hold , then we have to start looking at 2.3612 Supply zone.
A break below the supply zone could indicate further downwards momentum to the 2.1765 Demand Zone.
Keep monitoring these levels for price movements
IM getting some mixed signals on XRP today.
As stated yesterday , the 2.6104 Supply Zone had to turn into a demand zone in order for the price to start its path to 3$.
The RSI on the daily does look like its loosing momentum but the MA on the 4H are looking like the 2.4918 level is holding support.
A break below 2.4918 could indicate that we testing the demand zone at 2.4158
If the demand zone does not hold , then we have to start looking at 2.3612 Supply zone.
A break below the supply zone could indicate further downwards momentum to the 2.1765 Demand Zone.
Keep monitoring these levels for price movements
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