XRP / USD
For two weeks after the breakdown, the market is growing, and after a few digital assets, the green color returns. XRP / USD on November 25 rose by seven percent, but before that, there was a rollback of 14 percent. This pullback from 35 cents slowly confirms our previous bullish position. While XRP / USD is in the support area of 35 cents - 40 cents. As in previous XRP / USD trading plans, the bullish outlook will continue, as prices have not dropped below 35 cents - the lower limit of our support zone. From the candlestick, it is clear that the bulls are responding. Not all prices range from 20 cents to 60 cents. As long as the price range, buyers have an advantage. Because of this, conservative traders must initiate positions when there is a convincing break above 60 cents or a fall below 35 cents.
It is clear that the bursts in September 2018 led to a price gap above several resistance levels. It was a clear breakthrough bull. Although the confirmation was not so strong, we expect that three months after the trend defining the rise of Sep. In our case, prices rebound from the base of the bull flag, and traders can initiate two positions - once above 40 cents, and then 60 cents - depending on their risk appetite.
Technically, the XRP bulls have been and remain responsible, despite attempts at lower lows. After today's resurgence, set on November 25, we expect buyers to lead to prices above 40 cents, which will trigger short-term long-term goals with marks of 60 cents.
Information here contains forward-looking statements that involve risks and uncertainties. it's not in any way a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions.
It is clear that the bursts in September 2018 led to a price gap above several resistance levels. It was a clear breakthrough bull. Although the confirmation was not so strong, we expect that three months after the trend defining the rise of Sep. In our case, prices rebound from the base of the bull flag, and traders can initiate two positions - once above 40 cents, and then 60 cents - depending on their risk appetite.
Technically, the XRP bulls have been and remain responsible, despite attempts at lower lows. After today's resurgence, set on November 25, we expect buyers to lead to prices above 40 cents, which will trigger short-term long-term goals with marks of 60 cents.
Information here contains forward-looking statements that involve risks and uncertainties. it's not in any way a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions.
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