empty
 
 
16.06.2021 03:42 PM
XRP/USD vulnerable to a move towards $0.60.

Price action in XRP/USD can not be characterized as bullish. Price has confirmed the importance of the $1.06 resistance and was rejected at that price level several times. Price formed a bearish channel in the short-term, but even exiting the bearish channel, was not followed by a move higher towards $1.

This image is no longer relevant

Red rectangle- resistance

Red line -support trend line

Green rectangle- major support

XRP/USD remains above the key long-term red trend line and above the breakout area of $0.65-$0.75. Inability to push price towards the key resistance of $1.05, will most probable lead to a deeper pull back towards the red trend line and inside the green area. Price is vulnerable to another move lower as long as price is below $1.06.

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback