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Monfex_UK
Oct 9, 2019 9:23 AM

RIPPLE  

XRP / DollarBitfinex

Description

Hello, Traders!
Monfex is at your service and today we overview XRP/USD.

The first signal to the begin of the bull trend is a break of the resistance line, the second is the key level for the start of the bull trend. But at the moment, XRP is under the line and globally in a bearish trend.
Local support level $ 0.268 - 0.27
Local level of resistance $ 0.28 - 0.285
Key resistance level for bull trend ~ $ 0,318 - 0,32

Share your thoughts, ideas about the market under the chart.

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GOOD LUCK AND LOTS OF PROFITS !!

Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.

Trade active

moving in the triangle

Trade active

broke the resistance line

Comment

Comments
redrockmkts44
what is the blue-orange bar on the right sir?
Monfex_UK
@redrockmkts44, visible range, indicator of trading volume
redrockmkts44
@Monfex_UK, thanks
redrockmkts44
@Monfex_UK, btw is it the viper's one?
Dave-FX-Hunter
Quality analysis as ussual.
Monfex_UK
@DaweFXHunter, Thanks a lot ! Good luck
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