XRPUSDT recently feels quite confident in relation to the rest of the cryptocurrency market. Over the last half year, the price has made quite an active growth, which the flagship cryptocurrencies cannot boast of. At the end of September, the growth to the local high was more than 70% In the technical analysis, the price corrected by 20%, but at the moment, on the higher timeframe, the price is trading above the key trend lines MA-50 and MA-200.
On the local chart we can pay attention to the breaking of the resistance of the local price channel and the renewal of the maximum, after which the price forms a pullback to the support of 0.4511. I assume that from the support zone the price can make a strengthening of the coin Short-term target - resistance at 0.4995 Mid-term target - liquidity area 0.5339
Sincerely R. Linda!
Not
XRPUSDT for 9 days reaches the specified first target - resistance 0.4995. The price goes in our direction 14%, which is an excellent indicator, and with 10 leverage could earn 140%!!! The price makes a false-break and forms consolidation under resistance, most likely, it is possible to expect a pullback to support, but there is a huge potential for the pre-breakdown consolidation, followed by the price going up and growth to resistance 0.5339.
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