XRPUSD Bullish reversal in progress.
Weak signal yet but with encouraging elements. Tenkan-Kinjun cross + Chikou span crossing above the historical prices if confirmed could be the first step towards of Sanyaku Kouten. MACD bullish crossover + RSI above 50 adding some credibility to the scenario. Nevertheless price action remains under the Kumo and currently remains capped by 200 EMA.
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.