Ether Nasyonal identifies $1.6-$2 XRP demand zone on monthly timeframe chart.
XRP down 14.8% monthly after failing to reclaim $2.5 and $3 levels.
Historical 2017 pattern comparison suggests potential for upward breakout.
Cryptocurrency analyst Ether Nasyonal has outlined bullish expectations for XRP based on monthly chart patterns showing a critical demand zone test. The analyst maintains optimistic projections despite current price weakness affecting the token.
XRP has struggled following the October 10 correction, failing to reclaim the $2.5 level or the $3 psychological threshold. The altcoin has declined 14.8% during the current month as consolidation continues.
$XRP is cooking something up.
Chart has been inverted, but the story remains the same.
XRP is still gathering strength within the demand zone emerging from the 2018 major resistance.
While the direction may seem confusing, the structure is clear.
The next major move… https://t.co/HT9Sqhembx pic
We współpracy z: https://thenewscrypto.com/analyst-identifies-xrp-demand-zone-setup-for-upward-movement/
