Ripple - Intraday - We look to Buy a break of 0.6531 (stop at 0.6388)
Daily signals are bullish. 50 4 -hour EMA is at 0.5970.
Trading within a Bullish Channel formation.
Short term MACD has turned positive.
The bias is to break to the upside.
Our bias remains bullish and further upside is expected to target resistance at 0.70.
Our profit targets will be 0.6978 and 0.7288
Resistance: 0.6200 / 0.6400 / 0.6650
Support: 0.6000 / 0.5800 / 0.5500
Daily signals are bullish. 50 4 -hour EMA is at 0.5970.
Trading within a Bullish Channel formation.
Short term MACD has turned positive.
The bias is to break to the upside.
Our bias remains bullish and further upside is expected to target resistance at 0.70.
Our profit targets will be 0.6978 and 0.7288
Resistance: 0.6200 / 0.6400 / 0.6650
Support: 0.6000 / 0.5800 / 0.5500
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.