Ripple has crossed the negative trend channel, touched the lower limit and has rebounded.
One can expect that XRP will do the next crossing through the channel before reaching the upper limit. This would be approx 40% benefits from today.
This bullish scenario is confirmed by the indicators RSI and MACD. Both turning to the top.
MACD: signal line has just been triggered.
This technical situation is accompanied by positive news.
This is no trading advice for YOU (only my suggestions).
One can expect that XRP will do the next crossing through the channel before reaching the upper limit. This would be approx 40% benefits from today.
This bullish scenario is confirmed by the indicators RSI and MACD. Both turning to the top.
MACD: signal line has just been triggered.
This technical situation is accompanied by positive news.
This is no trading advice for YOU (only my suggestions).
Trade active
Note
one should be aware to take profits on the upsidea) reaching uppler limit of the negative trend channel at ~0.42$
b) reaching the swing trend line (resistance) at ~0.46$
c) RSI in bullish zone and reaching the overbought zone
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.
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.