XRP descendnig triangle, RSI divergence
immediate edit: looking at this for 2 more seconds, you could definitely argue that we are breaking out of triangle as we speak...thats what I get for being too busy to look at charts this week...https://www.tradingview.com/x/CKUTVDC2/
-Honestly, no idea what to make of the current situation -- crypto market looking very shaky and more corrections would not surprise me one bit
-That said, setting aside macro factors, XRP is looking interesting...
-long descending triangle forming,
-small divergence on the RSI (small, but it's there)
-OB volume trending up
We just pinged hard off the resistance line, might correct back down to $.85 -.90 -- watch for breakout w/ volume increase
-Honestly, no idea what to make of the current situation -- crypto market looking very shaky and more corrections would not surprise me one bit
-That said, setting aside macro factors, XRP is looking interesting...
-long descending triangle forming,
-small divergence on the RSI (small, but it's there)
-OB volume trending up
We just pinged hard off the resistance line, might correct back down to $.85 -.90 -- watch for breakout w/ volume increase
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