Monfex is at your service and today we overview XRP/BTC.
Often Ripple is a leader in the number of transactions.
At this chart we see a large and a inside that have already worked, a breakout has occurred and now the price is consolidating between key levels and MA100 MA200.
is overbought and will soon begin to decline, simple has great , but even if the price will reach the , will remain anyway.
It would be a good idea to sell XRP/ BTC near a key with a small stop loss and consider buy point near the . But if it will break the key - than we can take the target of previous highs.
- The resistance zones ~ 0.00003500 , 0.00003775
- The key ~ 0.00003300
- The ~ 0.00002800
- The key ~ 0.00003080
Supposed Trade Signal by XRP/BTC
- Sell near 0.00003290
- Take profit ~ 0.00002830
- Stop loss at 0.00003353
- Market Cap
$12 672 822 986 USD
- Volume (24h)
$1 662 557 682 USD
- Circulating Supply
43 248 091 671 XRP
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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.