CRYPTO

Resistance

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<ul class="news-points"> 
 <li><strong>EGRAG CRYPTO revealed that XRP will need to overcome the $0.83-$0.85 resistance before it can break out.</strong></li> 
 <li><strong>The analyst also shared that XRP has formed “robust support” at $0.50.</strong></li> 
 <li><strong>At press time, XRP was attempting to escape a negative price channel that had emerged on its daily chart.</strong></li> 
</ul> 
<p>The cryptocurrency analyst and trader with the X username EGRAG CRYPTO highlighted the strong support and resistance levels that he will be watching on <a href="https://coinedition.com/tag/ripple-xrp/">Ripple’s (XRP)</a> charts. The analyst also anticipates a “Mega Pump” for the remittance token but warned traders to stay vigilant and strategically allocate portions of their holdings in the next few weeks.</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> Gaussian Channel &amp; Symmetrical Triangle Unveil (Strong Support and Resistance Patterns)<br><br>Within the framework of the Gaussian Channel, the alignment of support and resistance price targets mirrors other charts, adding weight to their significance.<br><br>Notable Support Levels:… <a href="https://t.co/PIIb3Yr4yB" target="_blank" rel="nofollow">pic.twitter.com/PIIb3Yr4yB</a></p>— EGRAG CRYPTO (@egragcrypto) <a href="https://twitter.com/egragcrypto/status/1726494793813959017?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 20, 2023</a>
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<p>According to the post, XRP is showing strong support levels within the Gaussian Channel and Symmetrical Triangle pattern. XRP has formed “robust support” at $0.50 and ha…</p>
<p>The post <a href="https://coinedition.com/xrp-will-need-to-pass-0-85-before-it-can-breakout-says-analyst/">XRP Will Need To Pass $0.85 Before It Can Breakout, Says Analyst</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

XRP Will Need To Pass $0.85 Before It Can Breakout, Says Analyst

Coin Edition

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