#XRP is still trading below the descending trendline, which has acted as dynamic resistance since the peak around $3.66. This trendline indicates that sellers are still maintaining pressure by forming a series of lower highs.
However, there is an important development: XRP has made a strong rebound from $0.9862 and is now retesting the trendline area together with the $1.49 resistance level.
This coin is currently undergoing a Transition from Bearish to Bullish. Breakout confirmation will strengthen this Bullish Thesis. Wait for the price to break through this resistance line, and Buy/Long after that.
Short to medium term target 15-50%+ after Breakout.
Which coin should we analyze next? Let us know!
