On daily a descending triangle is forming with the rebouncing strong usdollar.But we still find the pair is not as weak as ripple, means some buying position near the readline.
Check if price break the level, and further downside prevails heading to 4.41.
Alternative sinario, if price hold tight with bullish cross over of MACD, upper to 11.6 won't be a crazy idea.
Check if price break the level, and further downside prevails heading to 4.41.
Alternative sinario, if price hold tight with bullish cross over of MACD, upper to 11.6 won't be a crazy idea.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.