XRP's recovery hit a wall at the 20-day EMA ($0.47) on April 29, indicating negative sentiment and traders selling on rallies. The bears are likely to pull the price towards the strong support level of $0.43, and if it cracks, the XRP/USDT pair may collapse to the next major support level of $0.36.
A break and close above the 20-day EMA would suggest that the bears are losing their grip, opening doors for a possible rally to the resistance line, and subsequently to $0.56.
Let me know what you think!
Follow me for more TA!
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。