Hi all,
This is my first publication. Not sure if this works out, otherwise I might delete and start over ;-)
About XRP. As you can see here, the gray energy zone is about to get exhausted and looks ready to turn north. When it crosses the 50% level (red dotted line) I expect price to increase towards the smiley.
The red RSI is turning south while the green line is about to up and cross it again. That's why I think price will go up rather than down.
Volume is picking up too these last candles, which imho is a good sign.
On higher time frames (3 Day, Weekly) I don't see any reason for XRP to dump back to 20 cents.
Godspeed Rebels!
G.
This is my first publication. Not sure if this works out, otherwise I might delete and start over ;-)
About XRP. As you can see here, the gray energy zone is about to get exhausted and looks ready to turn north. When it crosses the 50% level (red dotted line) I expect price to increase towards the smiley.
The red RSI is turning south while the green line is about to up and cross it again. That's why I think price will go up rather than down.
Volume is picking up too these last candles, which imho is a good sign.
On higher time frames (3 Day, Weekly) I don't see any reason for XRP to dump back to 20 cents.
Godspeed Rebels!
G.
Note
Hereby an update for XRP. You can see here the gray energy field is going back to the 50% line, while the green line bounced off from it and is about to cross the red RSI. We might be in for a surprise this weekend...
Note
As usual XRP takes it time. I just took a look on a monthly view...will the 8.618 and the 11.618 be magical fibo-levels again???
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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.