XRPUSD top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Xrpusdshort
XRP: If we break we sell!!XRP
Intraday - We look to Sell a break of 0.3479 (stop at 0.3581)
Daily signals are mildly bearish. Bespoke support is located at 0.3500. A break of 0.3480 is needed to confirm follow through negative momentum. 50 4hour EMA is at 0.3545.
Our profit targets will be 0.3215 and 0.3115
Resistance: 0.3700 / 0.3800 / 0.3900
Support: 0.3600 / 0.3500 / 0.3400
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
XRP: If we break we sell!!XRP
Intraday - We look to Sell a break of 0.3188 (stop at 0.3281)
Daily signals are bearish. Trend line support is located at 0.3190. A break of bespoke support at 0.3180, and the move lower is already underway. Expect trading to remain mixed and volatile.
Our profit targets will be 0.2952 and 0.2902
Resistance: 0.3300 / 0.3400 / 0.3480
Support: 0.3180 / 0.3100 / 0.3000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
XRP Sell into the resistance.XRP - Intraday - We look to Sell at 0.4397 (stop at 0.4514)
0.4424 has been pivotal.
0.4401 has been pivotal.
We look for a temporary move higher.
Daily signals are bearish.
20 1day EMA is at 0.4317.
Preferred trade is to sell into rallies.
Our profit targets will be 0.4104 and 0.4044
Resistance: 0.4300 / 0.4400 / 0.4500
Support: 0.4150 / 0.4100 / 0.4000
XRP Sell the trend line resistance.XRP - Intraday - We look to Sell at 0.4198 (stop at 0.4301)
Daily signals are bearish.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Trend line resistance is located at 0.4200.
We look for a temporary move higher.
Our profit targets will be 0.3952 and 0.3902
Resistance: 0.4150 / 0.4300 / 0.4400
Support: 0.4000 / 0.3900 / 0.3800