Trading suggestion:
There is a possibility of temporary pullback to suggested support line (1.4982).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
XRPUSD is in a uptrend and the continuation of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 73.
Take Profits:
TP1= @ 1.5989
TP2= @ 1.6998
TP3= @ 1.7652
TP4= @ 1.8457
TP5= @ 1.9684
Credits: ForecastCity_World
There is a possibility of temporary pullback to suggested support line (1.4982).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
XRPUSD is in a uptrend and the continuation of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 73.
Take Profits:
TP1= @ 1.5989
TP2= @ 1.6998
TP3= @ 1.7652
TP4= @ 1.8457
TP5= @ 1.9684
Credits: ForecastCity_World
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.