FenzoFx—XRP (Ripple) broke its bearish structure with a strong engulfing pattern on August 7 and is now consolidating near $3.00. This level is supported by a bullish order block, with immediate support at $2.90.
The 4-hour chart shows equal highs at $3.66, marking a liquidity target. Immediate resistance lies at $3.09, and a close above this level could resume the uptrend.
The 4-hour chart shows equal highs at $3.66, marking a liquidity target. Immediate resistance lies at $3.09, and a close above this level could resume the uptrend.
Knowledge Should Be Free – And So Is Your Path to Trading Success.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Knowledge Should Be Free – And So Is Your Path to Trading Success.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.