Ascending Ripple
Updated
Hi, dear Traders!
Monfex is at your service and today we overview XRP/USD.
Ripple in the ascending channel, formed an ascending triangle whose target is the resistance zone and the upper line of the channel, but this is 55% probability.
45% is a breakdown of the channel’s support lines and further correction, in support of this idea there is a big bearish divergence by RSI.
What to expect in the near future from Ripple ?
XRP in a short-term has bullish divergence by RSI and may rise to the line of resistance of the triangle.
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Monfex is at your service and today we overview XRP/USD.
Ripple in the ascending channel, formed an ascending triangle whose target is the resistance zone and the upper line of the channel, but this is 55% probability.
45% is a breakdown of the channel’s support lines and further correction, in support of this idea there is a big bearish divergence by RSI.
What to expect in the near future from Ripple ?
XRP in a short-term has bullish divergence by RSI and may rise to the line of resistance of the triangle.
- The resistance near $ 0.305 - 0.32
- The local support near $ 0.2855
- Market Cap
$12 619 499 034 USD - Volume (24h)
$1 512 163 355 USD - Circulating Supply
43 242 653 330 XRP
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Note
Note
Trade closed: target reached
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