FenzoFx—Ripple (XRP) is testing the $2.34 resistance zone, marked as a key level by the Volume Profile Indicator. RSI 14 shows bearish divergence, while the Stochastic oscillator remains in overbought territory, signaling potential selling pressure.
If $2.34 holds, a bearish wave could target $2.26, with further downside to $2.22 if selling pressure persists.
If $2.34 holds, a bearish wave could target $2.26, with further downside to $2.22 if selling pressure persists.
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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.