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#resistence

resistence

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Trading hype777
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Bearish
$XRP is still moving in a #bearish trend on the four hour chart. Price is #trading below the major moving averages which shows sellers are still stronger than buyers. A small recovery is visible but it is not enough to confirm a trend reversal. The key support is near 1.0092 where buyers entered before. The nearest resistance is around 1.0529. If price breaks above #resistence momentum may turn bullish. If support breaks further downside is possible. Traders should wait for confirmation before entering new positions and always manage risk carefully. Disclaimer: These are my own observations. DYOR $XRP $BTC {spot}(XRPUSDT)
$XRP is still moving in a #bearish trend on the four hour chart. Price is #trading below the major moving averages which shows sellers are still stronger than buyers. A small recovery is visible but it is not enough to confirm a trend reversal. The key support is near 1.0092 where buyers entered before. The nearest resistance is around 1.0529. If price breaks above #resistence momentum may turn bullish. If support breaks further downside is possible. Traders should wait for confirmation before entering new positions and always manage risk carefully.
Disclaimer:
These are my own observations. DYOR
$XRP
$BTC
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