XRP LONG
DAILY: First up we are still bullsh, price is above the 200ema which has shown strong rejection. Long term resistance turned support has been honored with several rejections. We have also seen the MACD cross with bullish volume presenting itself.
4HR: 200ema rejections forming nice support. Price has really tested and struggled to break through support. RSI is above the midline, which could indicate sentiment reversal.
1HR: Is currently claiming minor higher higher combined with higher lows, we want to wait until price hits 1.1015, if price breaks this resistance level we want to look for a retest to enter, then a continuation to the upside p[otentiaslly all the way to previous structure highs of 1.5981.
Let me know your thoughts on this one, are you bullish or bearish on XRP?
4HR: 200ema rejections forming nice support. Price has really tested and struggled to break through support. RSI is above the midline, which could indicate sentiment reversal.
1HR: Is currently claiming minor higher higher combined with higher lows, we want to wait until price hits 1.1015, if price breaks this resistance level we want to look for a retest to enter, then a continuation to the upside p[otentiaslly all the way to previous structure highs of 1.5981.
Let me know your thoughts on this one, are you bullish or bearish on XRP?
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