XRPUSD Multi Timeframe analysis holding support............
If you missed the train of Ripple you can get it again but now it is on a strong support zone and preparing for an another small jump near the high of this recent rally if you didn't sell at the high you can get a second chance of selling at the near high of this recent rally. Then another dump will happen again and the price of ripple will fall to almost 0.3307$ and may even lower than that.
Currently on the 4 Hour Chart Ripple stopped at EMA ribbon first, secondly 0.45410$ is the low of 2018 1st week of April working as support and 50 EMA is there.
Now you can take short term trade decision by seeing the 1 Hour Chart.
Main key level to watch - 0.455$ if break and close below it the we may not an another jump price will fall vertically.
Resistance - 0.48$
If you are on any open position and trade your stop loss should be below the main support level 0.4510$
See the 1 Hour Chart Below.
Currently on the 4 Hour Chart Ripple stopped at EMA ribbon first, secondly 0.45410$ is the low of 2018 1st week of April working as support and 50 EMA is there.
Now you can take short term trade decision by seeing the 1 Hour Chart.
Main key level to watch - 0.455$ if break and close below it the we may not an another jump price will fall vertically.
Resistance - 0.48$
If you are on any open position and trade your stop loss should be below the main support level 0.4510$
See the 1 Hour Chart Below.
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1 Hour Chart
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See how exactly XRP hit our first target.
Transakcja zamknięta: osiągnięto wyznaczony cel:
Our 3rd target reached exactly at my pointed Target. Trade Closed