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Aug 15, 2022 10:54 PM

XRP (XRP) - August 16 

XRP / TetherUSBinance

Description

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(XRPUSDT 1W Chart)

The key is whether you can climb to the 0.4989-0.62 section.



(1D chart)
We need to find support at 0.3628 and see if we can move higher than 0.4084.

It has not yet broken through the upper Bollinger Bands (60) level, so a breakout attempt is expected in the near future.


If it falls below the 0.3283-0.3466 section, there is a possibility of a sharp drop, so be careful.


The key is whether you can close the gap between 100EMA and 200EMA by shaking up and down.

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

** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.

** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

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

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