XRPUSD - 4h Chart Analysis
Like most of the coins, the price also started to move sideways since the 24th of September creating a short term bullish channel.
With the RSI at 50 and with the Stochastic and MACD indicating a slight drop, the 2 possible scenarios seem to be as it follows :
1. The price will hit the support level of 0.5452$ and it will bounce back from it with targets at 0.5878$ (Pivot Level) and 0.6258$ (Resistance Level 1) in extension
2. The price will go through the support level of 0.5452$ and it will continue to decrease towards 0.49474 (Support Level 2)
With the RSI at 50 and with the Stochastic and MACD indicating a slight drop, the 2 possible scenarios seem to be as it follows :
1. The price will hit the support level of 0.5452$ and it will bounce back from it with targets at 0.5878$ (Pivot Level) and 0.6258$ (Resistance Level 1) in extension
2. The price will go through the support level of 0.5452$ and it will continue to decrease towards 0.49474 (Support Level 2)
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.