XRP Trading idea
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Price moves in the lateral direction (flat). Moving Averages are pointing downwards, which indicates a downward trend.
To continue rising to the resistance level of $ 0.16531, buyers need to fix a price above the support level of $ 0.14153. Then you can open a long position.
But if sellers break the support level of $ 0.14153, then the next support level will be $ 0.12854. In this case, you will need to open the long position here.
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Price moves in the lateral direction (flat). Moving Averages are pointing downwards, which indicates a downward trend.
To continue rising to the resistance level of $ 0.16531, buyers need to fix a price above the support level of $ 0.14153. Then you can open a long position.
But if sellers break the support level of $ 0.14153, then the next support level will be $ 0.12854. In this case, you will need to open the long position here.
_________________________________________
This analysis and more in our Telegram channel.
Also, don't forget to visit our profile.
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.
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.