XRP Sell into the resistance. Short

XRP / DollarBitfinex

Description

⋅ Jun 1, 2022 12:45 PM

XRP - Intraday - We look to Sell at 0.4397 (stop at 0.4514)

0.4424 has been pivotal.
0.4401 has been pivotal.
We look for a temporary move higher.
Daily signals are bearish.
20 1day EMA is at 0.4317.
Preferred trade is to sell into rallies.

Our profit targets will be 0.4104 and 0.4044

Resistance: 0.4300 / 0.4400 / 0.4500
Support: 0.4150 / 0.4100 / 0.4000

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