XRPLong
XRPUSD Update
- As predicted yesterday XRP has retested the previous resistance/value area and this has now become key support.
- Some good Long volume accumulation over yesterday, and the depth (Buy/sell wall) chart is looking a lot more bullish
- This wave of buy orders should see us get to 0.85 value/resistance region quite quickly where the next stack of Sell orders is currently sitting
- Key indicators (RSI & MACD) looking bullish: 1H RSI has cooled off from overbought position following the push to break trend over the last 3 days. It is now ready for the next wave.
Next Target - 0.85
Enjoy the ride.
- Some good Long volume accumulation over yesterday, and the depth (Buy/sell wall) chart is looking a lot more bullish
- This wave of buy orders should see us get to 0.85 value/resistance region quite quickly where the next stack of Sell orders is currently sitting
- Key indicators (RSI & MACD) looking bullish: 1H RSI has cooled off from overbought position following the push to break trend over the last 3 days. It is now ready for the next wave.
Next Target - 0.85
Enjoy the ride.
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.