Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.2698). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis: . XRP/U.S. Dollar is in a uptrend and the Continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 58.
Thank you! I was considering taking my chances with this dip, and this helped confirm with me. Stop/Loss will be interesting with this one.
ForecastCity
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@Dawnchorus, You're welcome. we hope you make maximum profit.
Dawnchorus
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@ForecastCity, I'm actually waiting on the golden pocket now - almost looks like they're making another bear flag on XRPUSD. Regardless, though, I think this will produce some nice gains once the dust settles.
ForecastCity
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@Dawnchorus, thanks for sharing your opinion about it.