XRP → ATH is getting close. Consolidation before the rally
2024-11-28

BINANCE:XRPUSDT  rallies to ATH. The three-year accumulation is starting to realize itself and thanks to a tailwind - Trump, the coin makes a jump of 140%

  

At the moment the coin is in consolidation after the rally. There are no technical prerequisites and reasons for a reversal and fall, the price is accumulating the potential for continued growth. The focus is on the resistance at 1.523 and 1.6300. Breakthrough and consolidation of the price above this zone will provoke aggressive purchases, which may lead to a new impulse. It is possible that the local correction of bitcoin may put a slight pressure on the coin, which in turn before further growth will test the area of 1.4116 (strong resistance from September 2021), or the lower boundary of consolidation - 1.2775. 

 Resistance levels: 1.5234, 1.6300
Support levels: 1.4116, 1.2775, 1.2133 

So, since we have a bull run, an ascending channel and a strong consolidation, in this case it is logical to consider buying only, which can be done only from the support or after the resistance breakout. The target in the form of ATH 1.9669 is getting closer and closer :) 

 Rate, share your opinion and questions, let's discuss what's going on with ★  BINANCE:XRPUSDT  ;) 

Regards R. Linda!