XRP Golden Pocket Holds Again – Bulls Eye $1.34 Breakout

Pullback XRP sits about 22% below August’s high near $1.70. Support The golden pocket (~$1.24-$1.26) sits just under the 100- and 200-day SMAs (~$1.28). Resistance The 50-day SMA (~$1.41) and 0.382 Fib (~$1.43) cap the upside. Momentum Daily RSI reads about 42, back above its signal line near 40. October’s pullback lands on the golden pocket XRP’s August breakout carried it from around $0.99 to its spike high, a 71% run in about a week. In mid-September, the first pullback found its floor at the 0.618 Fibonacci level of that rally, near $1.26.

Source: Coindoo