An excellent set of candles forming on the .618 short term fib level in an oversold environment (according to the RSI.) A possible golden cross in the making as the 50MA (Green) is preparing to cross up through the 200MA (Red). Could be a critical time for XRP.
Note
Lacking any significant volume for the momentNote
61.8 failed. .5 line found support in the last major pull back so should be interesting. If .5 fails 80 cents is likely.
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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.