XRP/USDT 4H Interval

8월 18일

Hello everyone, let's look at the 4H chart of XRP to USDT, because you can see that the price has broken out of the descending triangle.

Let's start by setting goals for the near future that we can include:
T1 = $0.59
T2 = $0.63
T3 = $0.68
AND
T4 = $0.71

Now let's move on to the stop loss in case of further market declines:
SL1 = $0.56
SL2 = $0.50
SL3 = $0.47
AND
SL4 = $0.42

Looking at the RSI indicator, we can see that we are staying above the upper limit, which may indicate an attempt at price recovery.