XRPUSDT ( IT WILL BE RISING TO REACH RESISTANCE LEVEL ) ( 4H )
Updated
XRPUSDT
HELLO TRADERS
The current price is trading at a turning level at 0.54. Consolidation and holding at this level would provide strong support for a price increase towards the resistance level (1) of 0.59. However, if the price breaks down and a four-hour candle closes below this level, it may lead to a decline towards the first support level. This area is very strong , and if it stabilizes above 0.48 , we could see a strong upward movement. To confirm a downward trend, a break of 0.48 is needed to reach the second support level at 0.45.
TARGET LEVEL :
Turning level at 0.54 , Time Frame ( 4H ) .
HELLO TRADERS
The current price is trading at a turning level at 0.54. Consolidation and holding at this level would provide strong support for a price increase towards the resistance level (1) of 0.59. However, if the price breaks down and a four-hour candle closes below this level, it may lead to a decline towards the first support level. This area is very strong , and if it stabilizes above 0.48 , we could see a strong upward movement. To confirm a downward trend, a break of 0.48 is needed to reach the second support level at 0.45.
- Upward Zone: As long as the price stays above the turning level at 0.54 , XRPUSDT is likely to rising towards resistance level (1) at 0.59 . If a 4-hour candle closes above this level , it could push further to 0.62 . Once the price stabilizes above the resistance level (2) around 0.62 , we might witness to reach resistance level (3) at 0.65 .
- Downward Zone: by breaking turning level around 0.54 , it suggests a decline towards support level (1) at 0.48 , confirming a downward trend. If the price stabilizes or stays below this level, there is a strong likelihood of reaching the support level (2) around 0.45 or possibly even lower
- CORRECTIVE : currently price it will be attempt to retest to reach a turning level at
- 0.54 before rising .
TARGET LEVEL :
- RESISTANCE LEVEL : 0.59 , 0.62 , 0.65 .
- SUPPORT LEVEL : 0.48 , 0.45 , 0.39 .
Turning level at 0.54 , Time Frame ( 4H ) .
Trade active
still continues up trading Trade active
prices remain above turning level at 0.54 , it suggest further rising to reach resistance level (1) at 0.59 .Trade active
still continues a upward trading , as long as stabilizing above turning level , indicates to reach resistance level (1) .Trade closed: target reached
UPDATE
reached first target .
currently prices until trading above turning level , expected further upward zone .
Trade closed: target reached
reached full target + 760 pip 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.