XRP - Waiting for a clear signal
My view on XRP, located in a falling wedge but a clear entry signal is still missing.
I marked the support levels i would expect a bounce and possible entry level together we a potential target area.
Heavily depends on BTC market, but XRP might get a run as soon as money flows back into altcoins.
We had a bullish div on RSI but no reactivation of bullish momentum, so just a first smaller pump.
A bounce on the first green support line would be a higher low and a good entry point for a possible breakout play.
I marked the support levels i would expect a bounce and possible entry level together we a potential target area.
Heavily depends on BTC market, but XRP might get a run as soon as money flows back into altcoins.
We had a bullish div on RSI but no reactivation of bullish momentum, so just a first smaller pump.
A bounce on the first green support line would be a higher low and a good entry point for a possible breakout play.
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.