XRP-USD
If the bulls buy the drop to $100, the ETH/USD pair will attempt to climb to $130.5, where it will face a stiff resistance from the declining 20-day EMA.
A pullback to $167.32 can be expected if the bulls sustain the price above $130.5. Though short-term traders can attempt to go long, positional traders should wait for a new buy setup to form before initiating any long positions.
A pullback to $167.32 can be expected if the bulls sustain the price above $130.5. Though short-term traders can attempt to go long, positional traders should wait for a new buy setup to form before initiating any long positions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.