Daily Timeframe

Price has been Consolidating on the FIB level 0.382 for four days, the daily resistance @0.8763, with XRP having an on going case thus causing less volume of the coin being traded .

H4 Timeframe

The upward channel has been forming for the past week, From 29th – 31st candles have been consolidating on the trend line with no direction of the trend. The same trend had happened last week before the price created a new high @0.9000.

H1 Timeframe

Price is at trendline support level forming the Order Block, between 0.8500 & 0.8700 these been institutional levels, we see a dump back to 0.7700.

We will discuss more on the possibility on our Live. Stay tune and check with us!

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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.