". There is a possibility of temporary retracement to the suggested support line (1.4485).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. XRPUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
As we can see on May 21, XRPUSDT broke through the support level and dropped to $ 0.78. Where the price bounced from and tried to test the $ 1 resistance level, but could not break it and rebounded. For almost 10 days, the price has been in the $ 0.78 - $ 1 range. If the price breaks the resistance level and consolidates behind it, then growth to $ 1.2 is...
In this short-term 4 hours chart, we can observe that this crypto asset (CA) has created all lower lows in price actions (PA) in the last several hours since the recent top it made. RSI is still showing no positiveness in the chart.
But if we check properly there is a parrel channel break that has been done by this CA in PA. This means there is a probability of...
After giving a very strong breakout, XRP is approaching higher levels but is currently re-testing the channel. Wait for the re-test and buy at pullback. XRP is a very promising project
Educational purpose only - trade at your own risk.