For eight months, XRP/USD has been trying to break the resistance which is where the line of the Moving average 200 with no success, as you can see in the graph above, There have been 3 failed attempts in the past and some of the time the Ripple even rose slightly above the moving average 200 but it did not last, In the past two days the Ripple has made a big rally and almost touched the moving average 200 but it soon fell again (Reinforces our idea of resistance strength).
Our recommendation is to buy Rippel as long as we are above the average line moving 100 (above the price 0.3260) which is the purple line in the above graph.
Buy Rippel: 0.3460
Take profit: 0.3724
Take profit 2: 0.4100
Stop Loss: 0.3210
Our recommendation is to buy Rippel as long as we are above the average line moving 100 (above the price 0.3260) which is the purple line in the above graph.
Buy Rippel: 0.3460
Take profit: 0.3724
Take profit 2: 0.4100
Stop Loss: 0.3210