XRP is a frustration!
I have stuck to the day chart as the long term trend is less clouded and we can see the true trends.
RSI has popped over the long term down trend and if we see the wave C pop over the next day we should test and "break" the 21 and then shortly after the 77 day trend line. After testing for support we might have a solid move to the upside.
Looking at the next two weeks we could see a challenge of the all time highs. MACD could give us the sign in the next day if it defines the slope change.
I have stuck to the day chart as the long term trend is less clouded and we can see the true trends.
RSI has popped over the long term down trend and if we see the wave C pop over the next day we should test and "break" the 21 and then shortly after the 77 day trend line. After testing for support we might have a solid move to the upside.
Looking at the next two weeks we could see a challenge of the all time highs. MACD could give us the sign in the next day if it defines the slope change.
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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.