Ripple (XRP) - Sep 5

2020년 9월 4일

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I touched the point of 0.25355, a point that must be supported.

We need to see if we can get support around September 9th at 0.25355 and move up along the uptrend line (4).

If it falls below the 0.25355 point, I think there is a possibility that it will fall back into the mid- to long-term investment area.

Now that the bottom section has been formed, I think we need to create a new wave while receiving support from 0.25355 point or higher.

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I think it is necessary to carefully check the BTC price flow around September 4 (September 3-5) as seen in the XBTUSD chart.

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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)