empty
 
 
28.09.2023 04:44 PM
Ripple: minor flag pattern

The price of Ripple retreated a little in the short term and now is trading at 0.5017 at the time of writing. After the last rally, a retreat was somehow expected. The price action signaled that the downside movement could be over.

Still, we need strong confirmation before considering going long. Bitcoin's upside movement due to bearish USD could drag the altcoin higher as well.

XRP/USD In Buyers' Territory!

This image is no longer relevant

XRP/USD failed to retest the 0.4556 static support in the last attempt signaling exhausted sellers.

Also, it has registered only false breakdowns below the major uptrend line, so the altcoin could try to develop a new leg higher. The minor flag is seen as a bullish pattern.

XRP/USD Outlook!

A valid breakout above the downtrend line and through 0.5068 could bring us a new buying opportunity.

Ringkasan
Segera
Analitic
Ralph Shedler
Mulakan perdagangan
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $10000 lebih lagi!
    Dalam Januari kami membuat cabutan bertuah $10000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget