Ripple has found the bottom at 6900 satoshis and begun to produce higher highs and higher lows. Price has broke the 50 Moving Average first, where then it found the support which has been rejected. Then it broke above the descending channel suggesting the beginning of an uptrend, or at least a correctional move up.
It is possible that XRP/BTC will correct down first before going higher, but overall trend now seems to be bullish. The first target is at 38.2% Fibonacci retracement, that is at 10k satoshis area. Second and key resistance is at 61.8% Fibonacci, that is 11k satoshis area. Break above the 61.8% Fibs should confirm long term bullish trend, while the rejection could result in yet another wave down.
On the downside, price could test the uptrend trendline first, but only break and close below 6900 satoshis might invalidate bullish outlook.
It is possible that XRP/BTC will correct down first before going higher, but overall trend now seems to be bullish. The first target is at 38.2% Fibonacci retracement, that is at 10k satoshis area. Second and key resistance is at 61.8% Fibonacci, that is 11k satoshis area. Break above the 61.8% Fibs should confirm long term bullish trend, while the rejection could result in yet another wave down.
On the downside, price could test the uptrend trendline first, but only break and close below 6900 satoshis might invalidate bullish outlook.
トレード終了: 利益確定目標に到達
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。