XRPUSD: bearish mode (Break below 1.56 target 1.200)
RSI- Bullish divergence (Over sold -22).
The pair shown a minor jump above 2 level and declined sharply from the minor high of 2.06. Ripple broken 1.60 level and near term major support is around 1.56 and any break below will drag the pair to next level till 1.1925 (233- 4H MA).
It is expected to take support at 1.20 (233- 4H MA and 55- day EMA).
On the higher side, near term trend line resistance is around 1.9700 and pair should close above 2 level for further bullishness. Short term bullishness only above 2.50 level.
The pair shown a minor jump above 2 level and declined sharply from the minor high of 2.06. Ripple broken 1.60 level and near term major support is around 1.56 and any break below will drag the pair to next level till 1.1925 (233- 4H MA).
It is expected to take support at 1.20 (233- 4H MA and 55- day EMA).
On the higher side, near term trend line resistance is around 1.9700 and pair should close above 2 level for further bullishness. Short term bullishness only above 2.50 level.
Ordine annullato:
Not broken 1.56 showing a minor jump from the low. The pair also broken intrday high of 1.75 , a jump till 1.90/2.00 likely.
Commento:
Last hope for bulls 1.56. Any break below 1.56 confirm target 1
Commento:
go short below 1.56
Commento:
Broken trend line resistance 1.96.Jump till 2.40 likely.short term bullishness above 2.50