XRP Buy a Break Setup.
Updated
Ripple - Intraday - We look to Buy a break of 0.2531 (stop at 0.2348)
A break of yesterdays high would confirm bullish momentum.
Daily signals are mildly bearish.
50 4-hour EMA is at 0.2430.
The RSI is trending higher.
Short term MACD is moving higher.
Our profit targets will be 0.3089 and 0.3328
Resistance: 0.2500 / 0.2800 / 0.3050
Support: 0.2250 / 0.2150 / 0.2000
A break of yesterdays high would confirm bullish momentum.
Daily signals are mildly bearish.
50 4-hour EMA is at 0.2430.
The RSI is trending higher.
Short term MACD is moving higher.
Our profit targets will be 0.3089 and 0.3328
Resistance: 0.2500 / 0.2800 / 0.3050
Support: 0.2250 / 0.2150 / 0.2000
Trade closed: target reached
Profit taken at TP1 - 0.3089
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.