#XRP/USDT #Analysis
Description
---------------------------------------------------------------
SCENARIO-1
+ Sudden surge in the XRP price gave some hope for XRP price and currently trading around the resistance zone.
+ breakout from this resistance is essential for the continued bullish trend
+ If the breakout from this resistance confirmed then we can enter a LONG trade.
SCENARIO-2
+ If the price gets rejected from the resistance line then next support is around 0.45 range.
+ from this support we can expect a bounce back and eventual breakout from the resistance.
+ We have a short trade opportunity once we have confirmed rejection from the resistance line.
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Description
---------------------------------------------------------------
SCENARIO-1
+ Sudden surge in the XRP price gave some hope for XRP price and currently trading around the resistance zone.
+ breakout from this resistance is essential for the continued bullish trend
+ If the breakout from this resistance confirmed then we can enter a LONG trade.
SCENARIO-2
+ If the price gets rejected from the resistance line then next support is around 0.45 range.
+ from this support we can expect a bounce back and eventual breakout from the resistance.
+ We have a short trade opportunity once we have confirmed rejection from the resistance line.
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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.
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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.