Hello everyone, let's look at the 8H XRP chart to USDT, in this situation we can see how the price moves in a local inheritance trend much lower than the trend line itself.
However, let's start by defining goals for the near future the price must face:
T1 = $ 2.29
T2 = $ 2.39
Т3 = 2.50 $.
T4 = $ 2.65
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = $ 2.14
SL2 = $ 2
SL3 = 1.77
Looking at the RSI indicator, we see
As we bounced again from the lower limit of the range, similarly to the MacD indicator with we go down and lower which in the coming time can end the correction.
However, let's start by defining goals for the near future the price must face:
T1 = $ 2.29
T2 = $ 2.39
Т3 = 2.50 $.
T4 = $ 2.65
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = $ 2.14
SL2 = $ 2
SL3 = 1.77
Looking at the RSI indicator, we see
As we bounced again from the lower limit of the range, similarly to the MacD indicator with we go down and lower which in the coming time can end the correction.
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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.