As was expected the XRPBTC pair gained volumes in the support zone and moved upwards, staying above the 200 days EMA, 61.8% Fibo and 0.0001 psychological level.
Now the pair is testing the 0.0012 resistance (also 50% Fibonacci level), and regarding the high volumes and upward momentum seems to be breaking it.
In case of breakthrough - next resistance would be around the 0.00015 level, which coincides with the 38.2% Fibonacci retracement of the global uptrend. Minor resistance is on the 0.00013 (last peak).
Now the pair is testing the 0.0012 resistance (also 50% Fibonacci level), and regarding the high volumes and upward momentum seems to be breaking it.
In case of breakthrough - next resistance would be around the 0.00015 level, which coincides with the 38.2% Fibonacci retracement of the global uptrend. Minor resistance is on the 0.00013 (last peak).
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.