Hello, dear Traders!
Monfex is at your service and today we overview XRP/USD.
XRP is in a bullish mood. The price is near the resistance zone, under the line and MA 200. The key support level together with MA100 should be considered as a buy point, and the key level of resistance should be taken as a mid-term goal of bulls.
But if bears will take the price under a key support level and fix it near the support line, then we should expect a further decline movement.
See in comments our previous chart analysis where we took 20%+ profit !
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Monfex is at your service and today we overview XRP/USD.
XRP is in a bullish mood. The price is near the resistance zone, under the line and MA 200. The key support level together with MA100 should be considered as a buy point, and the key level of resistance should be taken as a mid-term goal of bulls.
But if bears will take the price under a key support level and fix it near the support line, then we should expect a further decline movement.
See in comments our previous chart analysis where we took 20%+ profit !
- The resistance zone ~ $0.375
- The local resistance zone ~ $0.31-0.32
- The key support zone ~ $0.283
Supposed Trade Signal by XRP/USD
- Buy near $0.28
- Take profit ~ $0.37
- Stop loss at $0.262
- Market Cap
$12 887 009 591 USD
- Volume (24h)
$1 882 789 164 USD/b]
- Circulating Supply
43 248 091 671 XRP
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
