XRP / BitcoinUpdated Ripple XRP has a big move incomming
Looking at the Ripple chart from a higher timeframe makes me think a big move is incomming for XRP:
- Big squeeze on the OBV during sideways action.
- Big bullish divergence ready to play out.
Me personally am not trading this (yet). I would like to see Ripple get above the daily cloud, so I can jump in on the new trend. However, this could be good news for all the ripple holders.
- Big squeeze on the OBV during sideways action.
- Big bullish divergence ready to play out.
Me personally am not trading this (yet). I would like to see Ripple get above the daily cloud, so I can jump in on the new trend. However, this could be good news for all the ripple holders.
Note
This is what I like to see. The divergence is playing out to the upside.We touched the top of the daily cloud, that was fast! I won't be surprised if we pierce right through it. After that, buy dips or consolidation on the 4H and enjoy the ride.
Note
We broke the cloud, we can look to enter on LTF pullbacks here. Loading up for this bullmove :)Note
Loading up more here.
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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.