Market Signals Pro

Tag: XRP

shape
shape
shape
shape
shape
shape
shape
shape
Standard

XRPUSD Signal Analysis.

XRPUSD trade scanner signal was generated near the blue arrow. The trade was worth a small profit before momentum turned the opposite way. Here are some extra points to consider for this idea: The .5900 area (blue line) is an old support / new resistance. IF bearish momentum is going to persist, price should NOT retest this level. Since the break of the .5900 level, price has been consolidating. While the near term trend can be considered bearish, momentum is conflicted possibly because of strength in Bitcoin (the leader). Which may also explain this hesitation to take out lows. For this reason, XRP is gong to be a tough trade because while it may be relatively weak, it is fighting the bullish momentum of Bitcoin. It is probability a better idea to consider signals that are in line with the sector leader, not against it. Consider this is high risk signal.

Market Signals Pro

Navigate The Markets With The Power Of Simplicity.

Discord Twitter Youtube Instagram

Important Links

Contact

[email protected]

© 2024 marketsignalspro.com, all rights reserved.

The information on the marketsignalspro.com website and inside our Discord community is intended for educational purposes and is not to be construed as investment advice. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Marketsignalspro.com takes no responsibility for loss incurred as a result of the content provided inside of our Discord community. Market Signals Pro Team never contact you directly and never ask for payment. The different memberships are available after purchasing a subscription. If you receive any messages from anyone, please report them and do not make any payments. This is not Market Signals Pro Team.

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs. Investing is speculative.

When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.