Hi Traders,
We're back with an XRP update. The crypto market carries on being extremely volatile over the last few days with price tracing lower. The next level to test as support will be around the $47 mark. Even though we are seen to be in an descending channel the next strong level of support after the $0.47 mark is around $0.35, so this something to keep in mind. The $35 mark is also in line with the top of the ascending triangle which was broken back at the end of November. All in all we would like to see a short term fall to the $0.35 for price to carry on higher, testing the top of the channel.
Thanks
The Market Sniper Team
We're back with an XRP update. The crypto market carries on being extremely volatile over the last few days with price tracing lower. The next level to test as support will be around the $47 mark. Even though we are seen to be in an descending channel the next strong level of support after the $0.47 mark is around $0.35, so this something to keep in mind. The $35 mark is also in line with the top of the ascending triangle which was broken back at the end of November. All in all we would like to see a short term fall to the $0.35 for price to carry on higher, testing the top of the channel.
Thanks
The Market Sniper Team
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منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.