Here is XRP forming a saucer pattern, we can see that we've probably bottomed out here, where we also have a bullish divergence on RSI strongly signaling a bullish reversal. And it just gets strengthened with it being in the oversold region.
We're at the end of the trendline end-we're just too close to the reversal, which may also lead us to new ATHs.
Keep a close eye on the volume in the upcoming days and you can see where the resistances are on the chart to take profits at.
We're at the end of the trendline end-we're just too close to the reversal, which may also lead us to new ATHs.
Keep a close eye on the volume in the upcoming days and you can see where the resistances are on the chart to take profits at.
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Going awesomeNote
This is the current outlook of the chart above. Looks like we're going great-just 2-3 days after the expected time. If you noticed, the rise in RSI is so strong-stronger than most of other coins which also had reversal at these times-. We have the momentum to push us high.
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The previous update got the pump just in time,the chart is following perfectly! Now xrp is consolidating at 9k with bullish divergence of rsi on 1h and macd crossing,we should see a pump to around 14k after this consolidation,not much time left.
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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.