XRPUSD has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 0.3900 can be expected within the next 3 days.
Related Posts
ADAUSD – approaching a resistance line that has been previously tested at least twice in the past
ADAUSD is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great…
Will LTCEUR break through the support level it tested before?
The movement of LTCEUR towards 94.8500 price line is yet another test of the line it reached numerous…
ETHUSD is quickly approaching the support line of a Triangle. We expect either a breakout through this line or a rebound.
ETHUSD is moving towards a support line. Because we have seen it retrace from this line before, we…