Forming an inverted bullish triangle, which finds its base between the resistance line of $ 0.60, the probability of revisiting that resistance increases.
1. In the case of CONFIRMING a breakout of this resistance we could see how the price action triggers Ripple again, bouncing between $ 0.60 and $ 0.72.
2. If the price breaks down, we find the dynamic support of the 50 and 200 moving averages, which have made a cross with a BEARING signal, which would take us, if the break of this triangle is confirmed, a good point for fix profits.
Our sentiment is, if Bitcoin doesn't make a big move, Ripple could go down a bit before starting a new rally.
1. In the case of CONFIRMING a breakout of this resistance we could see how the price action triggers Ripple again, bouncing between $ 0.60 and $ 0.72.
2. If the price breaks down, we find the dynamic support of the 50 and 200 moving averages, which have made a cross with a BEARING signal, which would take us, if the break of this triangle is confirmed, a good point for fix profits.
Our sentiment is, if Bitcoin doesn't make a big move, Ripple could go down a bit before starting a new rally.
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.
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.