Ripple market analysis: Important info. to keep in mind.
Ripple’s analysis for today is carried out on a 4hr timeframe from August 14, 2018 to current date. Price action closing above ~$0.34 saw Ripple’s price confirm and double bottom which led to a price high of ~$0.79 on September 21, 2018.
The meandering action in Ripple ever since is captured in this analysis using a downward sloping channel (ideally bullish) with $0.54 and $0.32 marking the upper and lower boundary of the channel respectively.
Besides, the dotted green line on the chart indicates the 4 hour timeframe bullish trendline in Ripple. Any bearish momentum is anticipated to find support at the trendline, with a break below at ~$0.33 implying lower prices in Ripple.
The meandering action in Ripple ever since is captured in this analysis using a downward sloping channel (ideally bullish) with $0.54 and $0.32 marking the upper and lower boundary of the channel respectively.
Besides, the dotted green line on the chart indicates the 4 hour timeframe bullish trendline in Ripple. Any bearish momentum is anticipated to find support at the trendline, with a break below at ~$0.33 implying lower prices in Ripple.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.