XRP - 1D - Let's test the big Resistance
XRP got blocked today by the small blue and crossed resistance that is acting as a pump support for testing the big one in pink.
Stochastic shows overbought and I'm thinking about its future scenario untill the good one.
On the 4h chart stock is oversold, that means on short term we will continue to climb.
A good target should be 0.26€. Then if we don't cross the pink line, we can think about shorting to the pink bottom.
And then we can prepare for a big trend change as the pink triangle is soon finished.
Stochastic shows overbought and I'm thinking about its future scenario untill the good one.
On the 4h chart stock is oversold, that means on short term we will continue to climb.
A good target should be 0.26€. Then if we don't cross the pink line, we can think about shorting to the pink bottom.
And then we can prepare for a big trend change as the pink triangle is soon finished.
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