XRP Observations on Weekly Chart (Sept 21, 2019)
Last week I posted that we were seeing positive movement on the 2 Day XRP Chart. This week I'm looking a little forward at the potential of the Weekly chart. The 2 Day chart still looks good, but I'm not expecting prices above 32 cents for the time being (barring news). I'm seeing very positive signs in the Weekly chart. The MACD is poised to cross upwards and the Stochastic-RSI is at or near it's bottom. The thing that I think is interesting the the potential for upwards growth up towards 53 cents, however what is needed first is for the 3 Week EMA (blue line) to cross upwards on the 9 Week EMA (red line) and then for the price to rise above the 21 Week MA (yellow line). That's when things could get really interesting. Let's see what happens.
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