XRP Sell a break setup.
Ripple - Intraday - We look to Sell a break of 0.963 (stop at 0.984)
Daily signals are mildly bearish.
Prices expected to stall near trend line resistance.
Trend line resistance is located at 1.010.
A break of yesterdays low would confirm bearish momentum.
There is no clear indication that the downward move is coming to an end.
Our short term bias remains negative.
Our profit targets will be 0.901 and 0.881
Resistance: 1.020 / 1.050 / 1.080
Support: 1.000 / 0.980 / 0.950
Daily signals are mildly bearish.
Prices expected to stall near trend line resistance.
Trend line resistance is located at 1.010.
A break of yesterdays low would confirm bearish momentum.
There is no clear indication that the downward move is coming to an end.
Our short term bias remains negative.
Our profit targets will be 0.901 and 0.881
Resistance: 1.020 / 1.050 / 1.080
Support: 1.000 / 0.980 / 0.950
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