** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
Comment
(XRPUSD 1D chart) We have to see if we can quickly ascend above 0.57410 points.
Comment
(XRPUSD 1D chart) If it falls from 0.52532 point, I think Stop Loss is necessary to preserve profit and loss.
If it gets support at 0.52532, it is expected to rise above 0.57410 again.
Getting support at the 0.52532 point is because it breaks the market vibe that it will decline after the airdrop snapshot.
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