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XRP SEP, 20 2021
Overview:
The pair is trading in a short-term bullish trend
Expected scenario:
The above chart shows that the pair is trading below a strong resistance level around 1.0946, which enhances the chances of descending during today's trading to 1.0400 and then to 1.0200.
Alternative scenario:
On the other hand, we see that if 1.0946 is broken upwards, it may push this pair up to 1.1250
Resistance | 1.0946 | 1.1000 | 1.1250 |
Support | 1.0400 | 1.0200 | 1.0000 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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