XRPLong
XRP is forming a 'potential' bearish divergence on the weekly.
XRP looks to be forming a potential minor bearish divergence on the weekly chart. I still think that XRP has plenty of room to run, but we need the bullish momentum to continue in order to negate what could be a minor bearish divergence on the weekly chart.
I'm not saying that it's definitely going to form, or that it will necessarily be bearish, but it has the potential to do so. This is something that we, as traders and investors, need to be aware of and take into consideration, depending on the trades you're considering.
Just something to think about.
Good luck, and always use a stop loss!
I'm not saying that it's definitely going to form, or that it will necessarily be bearish, but it has the potential to do so. This is something that we, as traders and investors, need to be aware of and take into consideration, depending on the trades you're considering.
Just something to think about.
Good luck, and always use a stop loss!
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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.
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.