XRP broke through the orange triangle, giving it enough momentum to break above the long term pivot point (0.45). It has since retraced back to this key area 3 times with the most recent retest providing a strong bounce.
With little resistance above there is a chance of a quick and dramatic upward move.
Not trading advice but if I was going to trade this with leverage I would aim for the recent high around 0.75 and cut any losses with a close below 0.45.
Thanks for likes and comments
With little resistance above there is a chance of a quick and dramatic upward move.
Not trading advice but if I was going to trade this with leverage I would aim for the recent high around 0.75 and cut any losses with a close below 0.45.
Thanks for likes and comments
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.