Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for XRPUSDT
In this chart, we have R2 and R1 as our resistance areas and the disability of the price in order to rise, is clear in them. And S1 and S2 are the support areas and they represent the support of the price at some points. At the moment, the price is fluctuating on S1 area and we believe two scenarios will happen for it. Either the price will rise toward R1 and even move above that by a fixation over this line, that will result in more increase. Or it is probable for the price to move below S1 which is a good point for considering a short position and then more decline will happen for the price toward S2.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for XRPUSDT
In this chart, we have R2 and R1 as our resistance areas and the disability of the price in order to rise, is clear in them. And S1 and S2 are the support areas and they represent the support of the price at some points. At the moment, the price is fluctuating on S1 area and we believe two scenarios will happen for it. Either the price will rise toward R1 and even move above that by a fixation over this line, that will result in more increase. Or it is probable for the price to move below S1 which is a good point for considering a short position and then more decline will happen for the price toward S2.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
