Price should hold above 0.47 to start a long term uptrend!
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(XRPBTC 1W chart)
It is declining below the last support at 0.0000 1791.
In order to dissipate the rising power, it must rise above 0.0000 2275 ~ 0.0000 2794.
XRP, along with SOL, TRX, KLAY, and OP coins (tokens), is a coin that requires a transaction method that recovers the principal amount purchased as much as possible and increases the number of coins (tokens) corresponding to profits.
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(XRPUSDT 1W chart)
The key question is whether the price can rise above 0.47 and sustain the price.
(1D chart)
You need to make sure you can climb with support in the 0.2814-0.4060 range.
Otherwise, if it falls below the uptrend line (1) and below 0.3659, it can lead to a large decline, so countermeasures are needed.
From a long-term perspective, keeping the price above 0.4542-0.47 is very important.
This is because it is a key bottom for long-term investing.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (www.tradingview.com/...shi-MS-Signal-HA-MS/).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(XRPBTC 1W chart)
In order to dissipate the rising power, it must rise above 0.0000 2275 ~ 0.0000 2794.
XRP, along with SOL, TRX, KLAY, and OP coins (tokens), is a coin that requires a transaction method that recovers the principal amount purchased as much as possible and increases the number of coins (tokens) corresponding to profits.
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(XRPUSDT 1W chart)
(1D chart)
You need to make sure you can climb with support in the 0.2814-0.4060 range.
Otherwise, if it falls below the uptrend line (1) and below 0.3659, it can lead to a large decline, so countermeasures are needed.
From a long-term perspective, keeping the price above 0.4542-0.47 is very important.
This is because it is a key bottom for long-term investing.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (www.tradingview.com/...shi-MS-Signal-HA-MS/).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(1h chart)
At this time, the important thing is to check if you can break above the 5EMA line on the 1D chart.
If it rises above 5EMA, it is likely to rise.
However, since the M-Signal indicator of the 1D chart is located near 'L2', it is necessary to check again whether resistance or support is received in this section.
An upward breakout of the 5EMA on the 1D chart and the downtrend line at the same time is likely to trigger a sharp move.