Iye XRP/USD N Ṣe Iṣọkan ni Ipele $0.29, Nduro Iyọkuro kan

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XRP Onínọmbà Iye Ọsẹ - August 06

Should the bulls push up the price to reach the resistance level at $0.33 and the level does not hold the price, the next resistance level can be found at $0.36 and $0.39. In case the bears manage to push the price below the support level at $0.29 with the daily candle closes below the level, then, further price declination may be possible and the support levels may be found at $0.24 and $0.20.

Ọja XRP / USD
Awọn ipele bọtini:

Awọn ipele iduro: $ 0.33, $ 0.36, $ 0.39

Awọn ipele atilẹyin: $ 0.29, $ 0.24, $ 0.20

XRP / USD Aṣa igba pipẹ: Bullish

The bulls are holding tight to the XRP/USD market. After the breakup that took place at $0.29 price level on August 02, it sporadically increased to test the resistance level of $0.33 but the bulls’ momentum became weak. A long-legged daily Doji candle formed at $0.29 price level; this indicates indecision. Following the Doji formation is a daily strong bullish candle, but the bullish momentum could not drive the price further and this led to price consolidation.

Iwe apẹrẹ XRPUSD Daily, Oṣu Kẹjọ Ọjọ 06

Should the bulls push up the price to reach the resistance level at $0.33 and the level does not hold the price, the next resistance level can be found at $0.36 and $0.39. In case the bears manage to push the price below the support level at $0.29 with the daily candle closes below the level, then, further price declination may be possible and the support levels may be found at $0.24 and $0.20. The relative strength Indicator is above 75 levels and the signal line flips towards north to indicate buy. 

XRP / USD Aṣa-igba Alabọde: Aye

XRP is on the ranging movement in the 4-hour chart. The bulls’ momentum is currently weak, likewise, the bears’ pressure and this is what led to consolidation at $0.29 price level. The bears have to gain more pressure before a breakout at $0.29 level occurs. The 9 periods EMA and 21 periods EMA are close to each other and the price hovering over the EMAs.

XRPUSD chart 4-wakati, Oṣu Kẹjọ Ọjọ 06

Trade setup may be placed as Sell stop order at $0.28273, Take profit at $0.21326, Stop loss at $0.34227. This signal becomes invalid if it does not trigger within 8 hours.

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Azeez Mustapha

Azeez Mustapha jẹ alamọja iṣowo, oluyanju owo, olufihan awọn ifihan agbara, ati oluṣakoso owo pẹlu ọdun mẹwa ti iriri laarin aaye owo. Gẹgẹbi Blogger ati onkọwe iṣuna, o ṣe iranlọwọ fun awọn oludokoowo ni oye awọn imọran eto inọnwo ti ilọsiwaju, mu awọn ọgbọn idoko -owo wọn dara si, ati kọ ẹkọ bi o ṣe le ṣakoso owo wọn.

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