XRP: Pullback in Uptrend
Ripple (XRP) technical analysis:
Trade setup: A rare asset that remains in an Uptrend. Following a bullish breakout from Channel Down, above $0.45, which could signal resumption of Uptrend, price has reached our target estimate of $0.55. Now we wait for price to either 1) break above $0.55 resistance to signal Uptrend continuation, or 2) pull back near $0.45 support for a swing entry opportunity.
Trend: Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance: Nearest Support Zone is $0.45 (previous resistance), then $0.40. The nearest Resistance Zone is $0.55, then $0.60.
Trade setup: A rare asset that remains in an Uptrend. Following a bullish breakout from Channel Down, above $0.45, which could signal resumption of Uptrend, price has reached our target estimate of $0.55. Now we wait for price to either 1) break above $0.55 resistance to signal Uptrend continuation, or 2) pull back near $0.45 support for a swing entry opportunity.
Trend: Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance: Nearest Support Zone is $0.45 (previous resistance), then $0.40. The nearest Resistance Zone is $0.55, then $0.60.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.