My XRP Full Technical Report for April 11, 2021 - Micro Trading Speculative Bound Areas $1.20-$1.50

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Avatar for rafaelken1989
2 years ago

DISCLAIMER: I am not a financial advisor. All contents on this blog are solely my own personal views and for Cryptocurrency Trading education/entertainment purposes only. Cryptocurrency Trading is very risky. Losses can exceed deposits. Enter with discretion.

A happy and a blessed Sunday to you all! Especially to all XRP loves worldwide.

I am sure lots of you might have not sleep well or snorted heavily last night seeing how XRP surged like a wild beast so angry to break its 4th year bear market in yesterday's trading.

Personally, I am super bullish to XRP in the coming days ahead! There are no right words to describe how I feel for it technically looking all so strong plus fundamental news are overwhelming in Ripple company's favor. Soon US SEC will finally say the magic word that XRP lovers are waiting for so long.

A very epic weekend for the XRP! In fact guys, it keeps on breaking trends based on my chartings.

Some of the highlights that I gathered today:

  • Bitcoin targeting a new ATH at least $65K mark.

  • Crypto Total Market Cap breached the $2T pyschological price.

  • XRP's demand is steadily increasing. Though still down from previous and only ATH hence more supply to take.

  • I am seeing XRP intraday a close range bound trading between $1.20-1.50 levels.

  • I am also seeing XRP's trading volumes in similar structure during the epic November 2017 to January 2018 bull run.

As a closure, if buying volumes keep coming in for XRP, we might see a steady surging towards $2 first. A lot of supply zone above before re-testing XRP's only ATH.

In the downside talk, a lot of bid volumes already in place supporting XRP in case whales do nasty dips or extreme profit taking situations.

Watch the full technical video report here:

That is all for today. Thanks a lot for reading until the end.

Keep an eye for more updates soon.

God bless and God speed all!

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Avatar for rafaelken1989
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