bitcoin And cryptocurrencyfollowed by investors with their analyzes of Katie Stockton, founder and managing partner of Fairlead Strategiesevaluated the price movements of XRP.
According to the news of Coindesk XRPrally after ‘s victory over the SEC BTC Katie Stockton, who said that it also brought a rise in the weekly chart of XRP, “Ichimoku cloud” He pointed out that the technical analysis indicator called the coin is moving above it and confirms the bullish trend.
Stating that Bitcoin could not rise above the “Ichimoku cloud” indicator, the analyst said, “Although BTC has not yet achieved this feat, we see the rise of XRP above the Ichimoku cloud indicator as a good example for Bitcoin” said.
“XRP’s movement looks meaningful on the chart. Because the year-long pressure is breaking and a clear move towards higher levels is seen on the XRP chart.
Medium-term momentum is positive and (surprisingly) no signs of bullish exhaustion.
This supports the upside rally. Accordingly, the next resistance against which XRP will be mixed will be $0.92.”
bitcoinStating that , also struggling with the top resistance of the Ichimoku cloud indicator, Stockton said, XRPA similar bullish outlook in BTC He also stated that the next level of resistance for BTC is $ 31,900.
*Not investment advice.
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