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We need to make sure we can get support at the 0.19581 point.
You should also check if you can rise above 50 EMA.
It is a situation where you can expect to rise further by supporting at least 0.21148 points.
The most important point near the low of XRP is 0.25355.
In addition, it must be supported by absolutely rising above the long-term downtrend line (2).
If these two are satisfied, I think there is a possibility of creating a new wave.
However, as I explained in the Bitcoin chart (BTC1!, XBTUSD), I think you need to pay special attention to trading.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
Dear Traders, Nice to meet you.
"Like" is a great power for me. ("Like" gives me the power to post charts.)
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
We need to make sure we can get support at the 0.19581 point.
You should also check if you can rise above 50 EMA.
It is a situation where you can expect to rise further by supporting at least 0.21148 points.
The most important point near the low of XRP is 0.25355.
In addition, it must be supported by absolutely rising above the long-term downtrend line (2).
If these two are satisfied, I think there is a possibility of creating a new wave.
However, as I explained in the Bitcoin chart (BTC1!, XBTUSD), I think you need to pay special attention to trading.
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
