XRPUSD Perpetual Contract
Short

XRP DAILY CHART ANALYSIS

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XRP DAILY CHART ANALYSIS 📈

🟩Green lines are “inside trendline” having last interactions with price.

Price did a third touch on the bearish inside trend line yesterday 3rd July @ 2.3157

And current interaction with the bullish “inside trendline” today.

Fundamentally, expect short term USD strength with positive US data as catalyst from yesterday’s release.

Market could extend to closest support @2.1714

If bullish “inside trendline” is broken, we expect support and outer trendline (Black) third touch @2.0181.

If there’s a strong bullish signal convicted to positive XRP or Crypto fundamentals, we expect a bullish move back to at least 2.4

Short term - Bearish 🟥

Medium to long term - Bullish 🟩

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