XRP - USDT on 4H interval Targets and Stoploss

Hello everyone, let's take a look at the 4H XRP to USDT chart as you can see the price is moving above the local downtrend line.

Let's start by setting goals for the near future that we can consider:
T1 - $ 0.4731
T2 - $ 0.4880
T3 - $ 0.5038
T4 - $ 0.5258
and
T5 - $ 0.5534

Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.4536
SL2 - $ 0.4346
SL3 - $ 0.4203
SL4 - $ 0.4051
and
SL5 - $ 0.3842

Looking at the CHOP indicator, we can see that in the 4H range most of the energy was used, and the MACD indicator shows a local upward trend.
4hourchartfibonaccianalysisFibonacci RetracementFundamental AnalysisTechnical IndicatorsstoplosstargetstrendanalyseTrend AnalysisxrpXRPUSDT

Aussi sur:

Clause de non-responsabilité