XRP is still bullish with the formation of higher highs and higher lows and the trasmiting of another bullish impulse from the support level. The price we are looking to go long would be at 0.5540. Another markup would give us a healthy profit.

The descending trendline is still impending towards the bullish breakout. Once the pressure is mounted, market can continue to move up ultimately breaking out the trendline.

EMA 50 is still bearish and once the price action is taking a toll towards the bullish side, it will take the bullish side.

RSI is at 44. It needs to be in the over sold region in order to form a bullish divergence in order to align with the technical factors.

Ripple to buy at support

Jan 14 2024

Stop Loss -6.59%

Holding time 8hr

0.55367

Entry price

0.51717

Stop loss price