XRP to break from oversold extremes?
XRP - 24h expiry - We look to Buy a break of 0.4801 (stop at 0.4641)
The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.
Prices have reacted from 0.4550.
Bullish divergence is expected to support prices.
The bias is to break to the upside.
A Morning Doji Star formation has been posted at the low.
Our profit targets will be 0.5201 and 0.5301
Resistance: 0.4780 / 0.4900 / 0.5000
Support: 0.4650 / 0.4550 / 0.4400
Please be advised that the in formation presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.
Prices have reacted from 0.4550.
Bullish divergence is expected to support prices.
The bias is to break to the upside.
A Morning Doji Star formation has been posted at the low.
Our profit targets will be 0.5201 and 0.5301
Resistance: 0.4780 / 0.4900 / 0.5000
Support: 0.4650 / 0.4550 / 0.4400
Please be advised that the in formation presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
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