3 min readRIPPLE (XRP/USD):
Ripple appears to be holding and respecting this internal resistance zone, which it previously broke above and is now using as support.
A closer look at the technicals reveals that price action has perfectly retraced to this lower Fibonacci level, specifically the key 50% mark. I will now be closely monitoring whether price action can break above the recently established all-time high (ATH) and observing reactions at these key levels for potential trading opportunities.
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The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
