{"id":12258,"date":"2022-07-11T08:55:53","date_gmt":"2022-07-11T08:55:53","guid":{"rendered":"https:\/\/tradingshot.com\/?p=12258"},"modified":"2023-05-11T09:00:20","modified_gmt":"2023-05-11T09:00:20","slug":"xrpusd-failed-twice-on-the-1d-ma50-action-plan","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2022\/07\/11\/xrpusd-failed-twice-on-the-1d-ma50-action-plan\/","title":{"rendered":"XRPUSD Failed twice on the 1D MA50. Action plan."},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>XRPUSD made its last Low on June 18 and since then attempted a rebound. So far this has been rejected twice on the 1D MA50 (blue trend-line), below which XRP has been trading since April 15. Even in the event of a break-out, there is still the March 28 Lower Highs trend-line to consider, breaking of which should be the strong medium-term buy signal towards the 1D MA200 (orange trend-line) and the 0.618 Fibonacci retracement level. After all the drop since March seems quite similar to the one in May 2021.<\/p>\n<p>The 1W RSI may be oversold but a break below the 0.28680 low would be an automatic sell signal towards the -0.236 Fibonacci extension at around 0.21850.<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/XRPUSD\/8XQTNlbN-XRPUSD-Failed-twice-on-the-1D-MA50-Action-plan\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/XRPUSD\/8XQTNlbN-XRPUSD-Failed-twice-on-the-1D-MA50-Action-plan<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; XRPUSD made its last Low on June 18 and since then attempted a rebound. So far this has been rejected twice on the 1D MA50 (blue trend-line), below which XRP has been trading since April 15. Even in the event of a break-out, there is still the March 28 Lower Highs trend-line to consider,<\/p>\n","protected":false},"author":611,"featured_media":12259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1636],"tags":[],"class_list":["post-12258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=12258"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12258\/revisions"}],"predecessor-version":[{"id":12261,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12258\/revisions\/12261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/12259"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=12258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=12258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=12258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}