The pair is forming lower high and lower low after hitting top at 3.31. The near term resistance at 2.80 and any close above will take the Ripple till 3.06. It should break above 3.31 for further jump till 3.80/4.52. The intraday resistance is around 2.50.
On the lower side, major support is around 1.61-1.76 ( Dec 31st low and 20- day MA) and any convincing break below targets 1 level. The major intraday support is around 2.
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The apir struggling to break intraday resistance at 2.50. Dip till 1.70 likely
Komentarz
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Ripple good buy zone is around 1.60-1.76
Komentarz
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Broken 2 level and is expected to take support in the range 1.61-1.76. Good buying opportunity