XRP QUICK ANALYSIS:

TECHNICALS:

BASED ON 1hr, 4hr and 1Day timeframe

LASTLY I UPDATED WHEN XRP MADE TRIPLE BOTTOM ON 4HR FRAME AND GAVEA 9% RALLY

AFTER REJECTION CURRENTLY AT 2.14$

1hr support(weak): 2.12$

4hr support(good and most imp) : 2.05-2.08$

1 Day: TBH THERE IS NO PROPER SUPPORT BEYOND 4hr timeframe so it means if xrp goes beyond 2.05 it can visit far away support at 1.35(40% Fall)

1 hr resistance: 2.20$

4 hr: 2.35$

1 day : 2.61$

All 19 to 200MA Are above current price meaning there are multiple levels of sell zones

Xrp previously brokeout of bullish peanent but volume was not great and faced rejections so it was fakeout .now next strong buying zone is below 1.3$

Meaning if XRP HAS TO BREAK 3$ IT HAS TO TOUCH 1.3$ AGAIN and if it goes on paper will look like BULLISH FLAG ON higher time frame and i can happen UNLESS THERE IS VERY BULLISH FUNDAMENTAL NEWS ABOUT XRP and it goes straight from here .

FUNDAMENTALS:

RIPPLE APEALS FOR pause in court in their case against SEC . So SETTLEMENT is on pause and XRP is not going anywhere

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