Price Action (PA) Ripple closed above EMA 21,50,100,200 periods. XRP hit 2862, after correction to 0.5 fib. level. at 2710. Potential next wave up to 0.3 area.
Indicators: RSI above 50 points, MACD above zero line. Bullish sign.
Pattern: break up downtrend channel with good volume spike.
S/R potential support at 0.2280, Resistance at 0.3 psychology.
Volume confirm uptrend move.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Indicators: RSI above 50 points, MACD above zero line. Bullish sign.
Pattern: break up downtrend channel with good volume spike.
S/R potential support at 0.2280, Resistance at 0.3 psychology.
Volume confirm uptrend move.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Note
MACD bullish crossover.Related publications
Disclaimer
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Related publications
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.