Signal_Centre1

XRP Sell a break setup.

Short
Ripple - Intraday - We look to Sell a break of 0.963 (stop at 0.984)

Daily signals are mildly bearish.
Prices expected to stall near trend line resistance.
Trend line resistance is located at 1.010.
A break of yesterdays low would confirm bearish momentum.
There is no clear indication that the downward move is coming to an end.
Our short term bias remains negative.

Our profit targets will be 0.901 and 0.881

Resistance: 1.020 / 1.050 / 1.080
Support: 1.000 / 0.980 / 0.950
Order cancelled

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.