XRP is recovering from its fall a few weeks ago and has recovered the $ 0.3 level as a support level. This flip was significant, and the defense at this level was followed by a breakout to the higher. Tron shows he could see a slight pullback over the next few hours. Ethereum Classic has surpassed $ 7.5 and put $ 10 in its sights.
XRP
Source: XRP / USD on TradingView
The $ 0.17 to $ 0.3 is a range that XRP has traded for the most part since July 2019. Therefore, the $ 0.3 level is extremely important, and the bulls have been defending this level for the last few days. .
XRP formed a descending triangle and broke higher. The $ 0.345 region has served as a cash pocket in the past and XRP has also passed it.
The RSI shows bullish momentum behind XRP. A test of resistance of $ 0.38 can be expected for XRP.
Tron [TRX]
Source: TRX / USDT on TradingView
The Awesome Oscillator was showing declining bullish momentum. A double bearish peak pattern meant that some near-term decline could be expected for TRX.
Using Gann’s fan lines, there is some confluence at the $ 0.035 level. Over the next few hours, that would be the level to watch. Because we can expect that it will serve as a solid support.
Losing this level would indicate TRX as low as $ 0.033 to muster some steam for another upward movement.
Ethereum classic [ETC]
Source: ETC / USDT on TradingView
The Fibonacci retracement tool showed that moving beyond the previous local high at $ 7.5 projected a 27% extension level of $ 8.68 a 62% extension level of 10.06 $ for ETC.
The MACD indicates a strong bullish force, while trading volume has also been significant recently.
The strongly bullish outlook for Ether is sure to positively influence ETC as well.
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