XRPUSD 21.12.2021
Overview:
The pair is trading in a downtrend
Expected scenario:
The above chart shows that the pair is trading above a strong support level around 0.7500, which enhances chances of ascending to 0.9000
Alternative scenario:
On the other hand, we see that if the 0.7500 level is broken down, it may push the pair down to 0.6500
Resistance levels
0.9000
0.9500
1.0000
Support levels
0.7575
0.7500
0.6500
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.