Hello everyone, let's take a look at charting the XRP to USDT over a 4 hour timeframe.
Let's start by drawing a downtrend line at which price is constantly moving.
Now let's move to the support line, as you can see, the first support is around $ 0.7323 where the price crosses, the next support is $ 0.6897, $ 0.6284, then we have a support zone from $ 0.60 to $ 0.58.
Looking the other way, it is worth determining the resistance that we have to overcome and we see that the first resistance is at the level of $ 0.7842, the next resistance is the so-called Gold Fib point 0.618 at $ 0.8402 and another resistance at $ 0.9161.
It's worth paying attention to the CHOP indicator which shows that we recovered some energy after the last move.
Let's start by drawing a downtrend line at which price is constantly moving.
Now let's move to the support line, as you can see, the first support is around $ 0.7323 where the price crosses, the next support is $ 0.6897, $ 0.6284, then we have a support zone from $ 0.60 to $ 0.58.
Looking the other way, it is worth determining the resistance that we have to overcome and we see that the first resistance is at the level of $ 0.7842, the next resistance is the so-called Gold Fib point 0.618 at $ 0.8402 and another resistance at $ 0.9161.
It's worth paying attention to the CHOP indicator which shows that we recovered some energy after the last move.
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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。