Monfex is at your service and today we overview XRP/USD.
The small with big divergences by played well. So the price had gone up from the triangle to the local resistance and bounced to the buy-support zone. Now almost in oversold zone.
MA100 && MA200 support the bulls.
But if bears will take the price under a previous peak and fix it under the last support line, then we should expect a further decline movement to ~ $0.2501 .
- The ~ $0.31-0.32
- The local ~ $0.304
- The local ~ $0.283
Supposed Trade Signal by XRP/USD
- Buy near $0.28
- Take profit ~ $0.375
- Stop loss at $0.27190
- Market Cap
$12 630 398 456 USD
- Volume (24h)
[b$2 597 021 191 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.