Ripple (XRP) - June 29

29 Haz 2020

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We need to make sure we can move towards the long-term downtrend line (2).

If you don't get support at point 0.17701, you're likely to touch below 0.16207.

If we deviate from the downtrend line (2), we believe that there must be a move to rise to the most important 0.25355 point in the Low section.

In the current situation, I think that it is to do the sideways around 0.17701 to gather power.

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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.

Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section

4 Tem 2020

Not

After July 22nd (from July 21st to 23rd), we need to check if we can rise above the downward trend line (2).
In addition, we believe that if you get support above the 0.18934 point, you are likely to turn to an upward trend.

6 Tem 2020

Not

We need to make sure that we can climb above 0.18934 and get support.
The most important thing on the XRP chart is whether it can rise above the long-term downtrend line (2).