XRPUSD (Ripple) – Week 47 – Is the resistance holding?
For this week we think that Ripple will retest the resistance area marked on the chart at $1.15. When the price reaches the resistance we have to study the price action to decide if we will have a bigger correction that may retest the support at $0.90 or the price will break through that area and star a bullish impulse.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
