This is a weekly chart and the trendline has been broken very nicely. The bottom formation is also very nicely done with as low volatility at the base. Personally, I entered around 0.35 and looking forward for the 0.7 at least in the couple of weeks, or 1-2 months, when RSI reach OB. For the one who did not have a position yet. There is still an opportunity in lower TF correction that may happen soon - the Daily is now in OB. Thus, you may find an entry may be next week or next two week.
November is going to be interesting for this section - blockchain services for financial institution, which XRP is leading as the new updated protocol ISO20022 is coming soon. It is about allowed tech in financial information transfer, sth like SWIFT coding. I still think it is going to be bullish and we have found the bottom already for XRP.
November is going to be interesting for this section - blockchain services for financial institution, which XRP is leading as the new updated protocol ISO20022 is coming soon. It is about allowed tech in financial information transfer, sth like SWIFT coding. I still think it is going to be bullish and we have found the bottom already for XRP.
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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.