XRP/USDT (Retest 50W MA Support)
💎Technical Analysis Summary💎
BINANCE: XRPUSDT
-XRP hit the strong weekly resistance area which is a good profit-taking zone
-We saw rejections for a few weeks then after bad news came out
-The price sharply drop back to its 50W MA support with the confluence of the previous trading level
-If XRP can hold this current price for at least 1-2 weeks
-And BTC don't dump after, I think this coin has a good chance of a relief bounce
-For now, the market is full of uncertainty and no sign of strength yet
-I don't recommend buying yet, please wait for any sign of a reversal in the lower time frames
-Happy trading and a Merry Christmas to all :)
⚠️Please always read the description⚠️
A big Thanks for donating 💰 via Tradingview coins this week to CryptoConsultingServices 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
BINANCE: XRPUSDT
-XRP hit the strong weekly resistance area which is a good profit-taking zone
-We saw rejections for a few weeks then after bad news came out
-The price sharply drop back to its 50W MA support with the confluence of the previous trading level
-If XRP can hold this current price for at least 1-2 weeks
-And BTC don't dump after, I think this coin has a good chance of a relief bounce
-For now, the market is full of uncertainty and no sign of strength yet
-I don't recommend buying yet, please wait for any sign of a reversal in the lower time frames
-Happy trading and a Merry Christmas to all :)
⚠️Please always read the description⚠️
A big Thanks for donating 💰 via Tradingview coins this week to CryptoConsultingServices 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
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Disclaimer
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Telegram Channels
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
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.