MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Short-term XRPUSD analysis.

XRPUSD continues to trade below the key resistance area of $1.13-$1.24. Price made a sharp decline last Wednesday but prices bounced back up again. Price continues to respect the key support trend line but bulls are also unable to break above resistance.

analytics617ef204840e9.jpg

Orange lines - resistance trend lines

Blue line- support trend line

XRPUSD continues to trade sideways. Price remains below the key resistance orange trend lines and as long as this is the case, XRPUSD will be vulnerable to a move below $1. XRPUSD will provide a bullish signal if price breaks above $1.24. Our target then will be at $1.45-$1.50 area at least. Until then traders need to remain cautious and patient.

The material has been provided by InstaForex Company - www.instaforex.com