XRP Testing Momentum
2024-12-07

Hey Trader! 

This is a quick update, as it builds on one of my recent analysis. 

As I have illustrated, XRP is moving within strong resistance levels, where there is a lot of liquidity from the recent triangle formation. 

XRP is charging up the momentum to break these levels and head for the ≈$3 fib. target!

Alternatively XRP has to pull back to a support level before going up.

I am generally positive about the future for XRP.

I wish you a pleasant day!