Trading suggestion:
There is a possibility of temporary pullback to suggested support line (1.4982).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
XRPUSD is in a uptrend and the continuation of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 73.
Take Profits:
TP1= @ 1.5989
TP2= @ 1.6998
TP3= @ 1.7652
TP4= @ 1.8457
TP5= @ 1.9684
Credits: ForecastCity_World
There is a possibility of temporary pullback to suggested support line (1.4982).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
XRPUSD is in a uptrend and the continuation of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 73.
Take Profits:
TP1= @ 1.5989
TP2= @ 1.6998
TP3= @ 1.7652
TP4= @ 1.8457
TP5= @ 1.9684
Credits: ForecastCity_World