Above 0.47, the upward trend is expected to continue

3 Okt 2023

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(XRPUSDT chart)

If the price remains above 0.47, it is expected to continue its upward trend.

(1W chart)

If it rises above the 0.5136-0.5719 range, a full-fledged upward trend is expected to begin.

However, it is important whether the price can be maintained by rising above the 0.4226-0.6369 range.


I think an increase can be expected depending on how the price breaks above the previous box range of 0.65-1.7050.

Accordingly, it is expected that whether support or resistance is received in the 0.9470-1.2455 range will emerge as an important issue.


(1D chart)

I think the 0.4917-0.7425 section is the mid-boundary section between the bottom section and the high point.


It is supported in the 0.4799-0.5086 range and shows an upward trend.

Accordingly, it is necessary to check whether it can rise above 0.5690.

If that happens, we need to see if we can break upward through the next box range, the 0.6808-0.7799 range.


If it receives support in the 0.7425-0.7799 range, it is expected that a full-fledged upward trend will begin.


If it falls below 0.4917 and shows resistance, it is expected that the low will be renewed, so a countermeasure is needed.

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** All explanations are for reference only and do not guarantee profit or loss in investment.

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.

** This chart was created using my know-how.

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