MACD and STOCH RSI are moving in a direction supporting a breakout
Note
Price reacted to news of SEC suing Ripple and their top two executives.With major exchanges including coinbase announcing to stop XRP trading, it was a natural reaction for the price to drop and not act based on technical factors.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.