XRPUSD is currently sitting on a significant level of support after failing to close above resistance.
Scenario 1: Since we are currently sitting on a support level and it is respecting the trend line we could see a possible break above our current resistance and onto our next levels at $1.10-$1.15, keep in mind, we MUST see a daily close above support AND resistance for this to happen.
Scenario 2: Price is currently making lower highs as seen on the chart, giving us a hint of a possible retracement to the down side, possibly to our next level of support before taking off. in order for this to happen we MUST wait for a daily close below our support.
Overall i'm very bullish on XRP so lets hope we can get a pullback to buy more cheap, if not, it's still a win win.
Scenario 1: Since we are currently sitting on a support level and it is respecting the trend line we could see a possible break above our current resistance and onto our next levels at $1.10-$1.15, keep in mind, we MUST see a daily close above support AND resistance for this to happen.
Scenario 2: Price is currently making lower highs as seen on the chart, giving us a hint of a possible retracement to the down side, possibly to our next level of support before taking off. in order for this to happen we MUST wait for a daily close below our support.
Overall i'm very bullish on XRP so lets hope we can get a pullback to buy more cheap, if not, it's still a win win.
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.