Ripple $XRP Technical Analysis 6 May 2021

By Mandrakata | On The Edge | 6 May 2021


Technical Analysis

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https://www.tradingview.com/x/ym9Km4rb/

From the latest sessions the intraday top resistance zone was under pressure ($1.62-$1.65).
Moving Average pattern confirm the uptrend, at least until closing prices will be above the short 50-MA.
Actual support in $1.47 will continue to be a key level, below that we have the two short MAs that will set dynamic supports.
We could see again $1.74 and over the ATH.
I'm Long, Holding.

 

Rumors... 🚀

Just to let you know...  ;)

 

⚠️ Disclosure ⚠️ I wrote this article myself, and it expresses my own opinions.  Above ideas is for educational purpose only, it is not intended to be investment advice.
Some of reported links are affiliate links where I'll earn a small commission if you make a purchase at no additional cost to you.  I will never promote anything I don't truly believe in.


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Mandrakata
Mandrakata

Risk taker. Creativity solves everything. I practice what I post.


On The Edge
On The Edge

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