XRPUSD may form a reversal Head and Shoulders pattern
XRPUSD has been trading sideways since the end of July. Recently the asset found support at sma200 and started to form reversal Head and Shoulders pattern. The neckline right now is situated at 3.40000. If the price breaks above this level, then the final target could be around 4.0000. Besides this, the asset firmly holds the trendline, which is a good sign for mid-term buyers.
XRPUSD has been trading sideways since the end of July. Recently the asset found support at sma200 and started to form reversal Head and Shoulders pattern. The neckline right now is situated at 3.40000. If the price breaks above this level, then the final target could be around 4.0000. Besides this, the asset firmly holds the trendline, which is a good sign for mid-term buyers.
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Join me, I'll guide you to PROFITABLE TRADING💵!
Telegram Channel: t.me/forextradersliveofficial
Telegram Channel: t.me/forextradersliveofficial
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.