XRP Futures ( XRPUSDT ), H4 Potential for Bullish Continuation
Title: XRP Futures ( XRPUSDT ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 0.44329
Pivot: 0.36708
Support: 0.29693
Preferred case: Looking at the H4 chart, my overall bias for XRPUSDT is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to continue moving towards the overlap resistance at 0.44329.
Alternative scenario: Price may head back down to retest the pivot at 0.36708, where the 38.2% Fibonacci line is.
Fundamentals: There are no major news.
Type: Bullish Continuation
Resistance: 0.44329
Pivot: 0.36708
Support: 0.29693
Preferred case: Looking at the H4 chart, my overall bias for XRPUSDT is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to continue moving towards the overlap resistance at 0.44329.
Alternative scenario: Price may head back down to retest the pivot at 0.36708, where the 38.2% Fibonacci line is.
Fundamentals: There are no major news.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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