Ripple (XRP) - December 5

Hello?
Dear traders, nice to meet you.

"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.

-------------------------------------------------- -----

We have to see if we can quickly ascend above 0.57410 points.

You need to make sure you are supported at 0.52532 and can climb above 0.57410.

If it falls from the 0.52532 point, a Stop Loss is required to preserve profit and loss.

Looking at the wRSI_SR indicator, you can see that it stays in the oversold zone.
Depending on the point of departure from the oversold section, it is expected to be at a crossroads between rising and falling.

From the CCi-RC indicator, the CCI line appears to intersect the EMA line.
Accordingly, you must be aware of the volatility that occurs.

-------------------------------------------------- -------------------------------------------

** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)

הערה:

(XRPUSD 1D chart)

You need to make sure you get the support at point 0.57410.
After around December 11th, you should check to see if you have risen above 0.63009 and above the downtrend line.
Otherwise, it is expected to fall towards the 0.42873 point in the end.

הערה:

(XRPUSD 1D chart)

You should watch for any movement that deviates from the 0.57410-0.63009 section.

We need to see if we can gain support at 0.57410 and gain the strength to break above the downtrend line.