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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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.