Noticed a bearish divergence on the daily RSI or XDC. (See blue arrows). But that doesn't necessarily mean the price will drop, we're still waiting for price confirmation. If the candle closes below the Black trend line it will confirm that there will be some bearish action. Overall XDC is definitely bullish though and is yet to reach the peak of the parabolic...
It's overbought on the RSI, and showing a bearish divergence on the daily MACD. I think it'll drop to 14.5 or 12.6 before making a beautiful run to test new highs in discovery, maybe finding resistance at 23.3 or 25.2.
We've been riding the lower part of a channel since 28th Feb and using the RSI as support. Finally, we have exited this area (as you can see with the faded pink lines). But we have yet to break through the 49.8 resistance that we've been under since 23rd Feb. Once we get past that, the next resistance level to try is 59.5, then 65.0 then 78.8. It feels like...
I noticed a nice bullish flag on the xrp day chart. Technically it should be bullish, but with the manipulation and SEC influence, who knows where it'll go. But my prediction is it'll either rise to 0.50 before hitting about 0.70 then $1 or it'll go down to o.25 and sit there until Feb 22nd or news of the SEC lawsuit. What are your thoughts?
Looking at the daily chart, the flag is closing and the next resistance looks like it's around 0.78usd. The volume is picking up and looking promising! So, unless BTC has a correction and pulls xrp and other alts down with it I'm expecting a nice rise. Hopefully, we are able to gain some more bullish momentum before that happens. Nice to see that the SEC case...