MurithiK

An Idea on XRP/USDT and the current pullback

Long
BINANCE:XRPUSDT   XRP / TetherUS
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

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.