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*

Bullish pattern in XRPUSD

XRPUSD is trading again above $0.70. There are increased chances that XRPUSD has made a major low around $0.50 and is now starting a new up trend. Last April with the break above $0.65-$0.75 resistance price exploded towards $2. This pull back could very well be a back test of this break out.

analytics610c41f02bb21.jpg

Red lines- bullish flag

If bulls manage to break again above this resistance level, then we could see a bigger rise above $2. In the short-term price is most probably forming a bullish flag pattern. A daily close above $0.74 will be a bullish sign and as long as price is above $0.68, we should expect XRPUSD to move towards $0.94-$1 at least if not higher.

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