• Sat, 24 Aug 2019, 08:52 AM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

XRPUSD: Major trend line breakout marks start of minor bull run (target $0.76/$1)

Mon, 24 Dec 2018, 12:05 pm UTC

Major trend line resistance - $0.3800

XRPUSD recovering fast and jumped more than 15% today after breaking trend line resistance $0.3800.The pair hits high of $0.45097 at the time of writing and is currently trading around $0.42750. The pair jumped after Crypto exchange Binance added XRP as base currency

It is holding above 200- day MA $0.4235 and any daily close above $0.4235 will take the pair to next level till $0.6200/$0.76440 (Sep 21st high)/$1.000.

On the lower side, near term support is around $0.3950 (89- day EMA) any violation below targets $0.3208 (20- day MA)/$0.2700.

It is good to buy on dips around $0.4000 with SL around $0.3200 for the TP of $0.76/$1.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,152.40 (-0.41%)
  • Ethereum (ETH) $190.32 (-1.22%)
  • XRP (XRP) $0.270700 (-0.47%)
  • Bitcoin Cash (BCH) $309.35 (+0.02%)
  • Litecoin (LTC) $73.36 (-0.87%)
  • Bitcoin (BTC) $10,152.40 (-0.41%)
Aug 23, 2019 (Friday)
11:35
Stablecoin project Terra receives funding from HashKey Capital
10:49
Three of the founding members of Libra Association consider backing out: Report
08:55
Overstock's Patrick Byrne steps down as CEO
08:52
Pundi X brings XPOS crypto payments to Venezuela's Traki retail stores
07:22
Blockchain startup Blockstack scores strategic investment from Japan's Recruit Holdings
07:19
BitGo announces support for multi-signature EOS wallet and custody services
06:39
US Treasury blacklists crypto addresses of suspected Chinese fentanyl traffickers
06:14
Chainalysis launches ‘Chainalysis KYT Alerts’ to detect suspicious cryptocurrency activity in real-time
05:13
Cryptocurrencies used to buy fentanyl, other illicit drugs: White House
05:04
Blockchain energy startup Power Ledger extends energy trading trial in Fremantle
03:53
Blockchain accelerator initiatives launched at the University of California campuses
Aug 22, 2019 (Thursday)
13:05
Crypto exchange Coincheck mulls launching IEO Platform
12:46
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:53
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
11:42
Sierra Leone launches blockchain-based National Digital Identity Platform
10:43
Blockchain startup Blocko secures $7.4M in Series B+ round from major South Korean financial institutions
09:52
Crypto Technicals: Ethereum Classic ignores crypto space weakness, extends gains to break above 200-DMA
09:16
Former Zaif exchange owner Tech Bureau to discontinue crypto business after completing customer refunds
08:32
Crypto Technicals: XLM/USD bearish trend intact, hits multi-month lows at 0.06542
07:33
Russian firm ICORating settles $270K fine with SEC for concealing ICO touting payments
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft