XRPUSD approaching resistance, potential drop!
XRPUSD is approaching our first resistance at 0.4955 (horizontal swing high resistance, 100% fibonacci extension, 61.8% fiobnacci retracement) where a strong drop might occur pushing price down to our major support at 0.4427 (horizontal overlap support, 100%, 61.8% fibonacci extension, 61.8% fibonacci retracement).
Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price should it react below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price should it react below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Come join us today at : easymarkets.com/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.