Signal_Centre1

XRP Sell a break setup.

Short
XRPUSDT - Intraday - We look to Sell a break of 0.5088 (stop at 0.5353)

Short term bias is bearish.
Short term RSI has turned negative.
We look for losses to be extended today.
Our outlook is bearish.
A break of 0.5100 is needed to confirm follow through negative momentum.
A higher correction is expected.

Our profit targets will be 0.4307 and 0.4108

Resistance: 0.5600 / 0.6000 / 0.6200
Support: 0.5100 / 0.4700 / 0.4250

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.