January 28, 2026

The correction of the XRP was finished

The correction of the XRP was finished

The correction of the XRP was finished

The correction of the XRP was finished

XRP / US Dollar (calculated by TradingView) BINANCE:XRPUSD
pezhmanrz


The correction of the XRP was finished

XRP built a head and shoulders pattern. After the price broke the neckline of the head and shoulder pattern, the chart again tested this neckline. Now, there are two resistances against the chart:
First resistance: 0.78-0.80
Second resistance: 0.83-0.86
in these resistances, there is a large volume , and many people were trapped in these areas. So, when the chart will reach these areas, people who are at a loss start to sell.
My stop loss is 0.6950

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