XRPUSD (Ripple) – Week 48 – Retesting the support?
Hello traders,
For the next move of Ripple we are expecting a retest of the support area and the local low of September marked on the chart. If the price breaks the resistance area at $1.05 with a strong candle and makes a consolidation above we may see a continuation to the upside without the move to the downside.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
For the next move of Ripple we are expecting a retest of the support area and the local low of September marked on the chart. If the price breaks the resistance area at $1.05 with a strong candle and makes a consolidation above we may see a continuation to the upside without the move to the downside.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
