XRP trade idea
The movement in the growing channel, while there is reason for growth.
Indicator: MA 14 and MA 28 are below the chart. A corridor has formed on which there is a set of positions.
What can be expected? :
The price may drop by 0.29, after which there will be continued growth to 0.30, there is a small local resistance, which will be broken through by a subsequent increase to 0.31. After that, it will be possible to test the upper boundary of the channel 0.33500.
But if MA 28 crosses MA 14 in the coming week, there will be a correction with an approximate duration of up to 0.267 from 0.29.
Indicator: MA 14 and MA 28 are below the chart. A corridor has formed on which there is a set of positions.
What can be expected? :
The price may drop by 0.29, after which there will be continued growth to 0.30, there is a small local resistance, which will be broken through by a subsequent increase to 0.31. After that, it will be possible to test the upper boundary of the channel 0.33500.
But if MA 28 crosses MA 14 in the coming week, there will be a correction with an approximate duration of up to 0.267 from 0.29.
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