Coin

<ul class="news-points"> 
 <li><strong>Crypto Analyst puts forward requirements XRP needs to meet before it spikes.</strong></li> 
 <li><strong>$0.54 resistance level, a critical level to be broken for XRP’s rise.</strong></li> 
 <li><strong>XRP’s support levels have a silver lining; could possibly act like a launch pad.</strong></li> 
</ul> 
<p>A Crypto Analyst who goes by the pseudonym JD tweeted that <a href="https://coinedition.com/tag/xrp-news/">XRP</a> was making higher highs in price while printing lower lows in RSI and Stochastic RSI on the weekly timeframe. This coincided while the token was bouncing off a 2-year trendline. Furthermore, the analyst stated that for XRP to spike drastically, it has to meet certain criteria.&nbsp;</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#XRP</a> – Still creating HH in Price while LL in RSI and SRSI on the WEEKLY, while bouncing off 2year trendline<br><br>1. Needs to break that 0.54 at least on the daily for momentum<br>2. SRSI weekly needs to cross 20<br>3. YELLOW 6-YEAR TRENDLINE NEEDS TO BREAK!<br>4. THEN MOON! Patience is key!… <a href="https://t.co/hN81yzigab" target="_blank" rel="nofollow">pic.twitter.com/hN81yzigab</a></p>— JD 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1f5-1f1ed.png" alt="🇵🇭" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@jaydee_757) <a href="https://twitter.com/jaydee_757/status/1715197868947161335?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 20, 2023</a>
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</figure> 
<p>The first requirement that XRP had to meet was to break the $0.54 resistance at least on a daily for momentum. The analyst expected that the Stochastic RSI on the weekly timeframe should cross 20. Moreover, as the third requirement, the Yellow 6-year Trend…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/6-year-trendline-a-formidable-obstacle-will-xrp-break-it/">6-Year Trendline — a Formidable Obstacle, Will XRP Break It?</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

6-Year Trendline — a Formidable Obstacle, Will XRP Break It?

Coin Edition

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