readCrypto

XRP (XRP) - December 1

BINANCE:XRPUSDT   XRP / TetherUS
Hello?
Traders, welcome.

If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.

-------------------------------------

(XRPBTC 1W chart)
It needs to rise above 0.0000 3909 to start dissipating its upward force.

-----------------------------------------

(XRPUSDT 1M Chart)
The key question is whether the price can sustain the move above 0.4542.


(1W chart)
In order to continue the uptrend, it must eventually rise above 0.6070.

If not, the upside is likely to be constrained.

To do so, it is necessary to check which way out of the 0.3659-0.4542 range during the volatility period around December 19th.


(1D chart)
You need to make sure that it is supported in the 0.4084-0.43 range and can rise above 0.47.

If it enters the HA-High section of the 1W chart and becomes supported, there is a possibility of a sharp rise.

However, if it fails to rise, there is a possibility of a sharp decline, so a short-term response is required when entering a new market.


If it goes down, you should check for support at or above the 0.3659-0.3814 zone.

-------------------------------------------------- -------------------------------------------

** All descriptions are for reference only and do not guarantee profit or loss in investment.

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator includes indicators that indicate points of support and resistance.

** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).

(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)

---------------------------------

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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.