ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

XRPUSD Soars to the Moon

Share On Facebook
share on Linkedin
Print

XRPUSD soars  to the moon with dazzling bullish strength. The month of April initiated the bearishness on XRP. New lows were formed consistently till the market reached the demand level at $0.320. The month of July changed the narrative of the market. The previous high, formed on the 8th of July, was swept, leading to a change in market direction from bearish to bullish.

©

XRPUSD Soars to the Moon

 

Support levels: $0.570, $0.450, $0.320
Resistance levels: $0.650, $0.510, $0.400

The Reading of the Indicators

The Moving Average period of eighty-nine was quicker to signal the formation of the new bullish trend. The Moving Average period of two hundred eventually followed. The whales in the market are aggressively buying XRP. A prominent breakout from a symmetrical triangle has occurred on the daily chart. A retracement into a fair value gap is expected to launch the price of XRP. The market is expected to shoot up to $0.570.Learn from market wizards: Books to take your trading to the next level.

Learn from market wizards: Books to take your trading to the next level

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com