Ripple - Intraday - We look to Sell at 0.2478 (stop at 0.2509)
Trend line support is located at 0.2500.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
A move through bespoke resistance at 0.2600 and we look for extended gains.
A break of yesterdays low would confirm bearish momentum.
The RSI is trending lower.
Our profit targets will be 0.2381 and 0.2334
Resistance: 0.2470 / 0.2500 / 0.2540
Support: 0.2450 / 0.2430 / 0.2400
Trend line support is located at 0.2500.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
A move through bespoke resistance at 0.2600 and we look for extended gains.
A break of yesterdays low would confirm bearish momentum.
The RSI is trending lower.
Our profit targets will be 0.2381 and 0.2334
Resistance: 0.2470 / 0.2500 / 0.2540
Support: 0.2450 / 0.2430 / 0.2400
Trade closed: stop reached:
Stop loss was hit.
