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( XRPUSDT 1W Chart)

Resistance: 1.0717-1.1888
Support: 0.4865-0.6036

If the price is maintained above 0.8377, it is expected to turn into an uptrend.

(1D chart)
To ascend in the 0.7788-0.8731 section

– You should check whether the green width of the OBV in the volume indicator is increasing and the center line is rising.

– In the CCI-RC indicator, you need to check whether the CCI line shows an upward trend above the EMA line.

If the price holds above 0.7788, it is expected to turn into an uptrend.

However, if it falls below 0.7788, a short-term Stop Loss is required.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume .
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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