XRP is finally having its rally. Saturday, 9/28, hit a milestone as it broke its previous high (resistance). It will most likely retest with a pullback balancing itself between 0.62 and 0.67 in the coming days. On the weekly chart, a golden cross formed on Monday, 9/15. 200 MA is playing the break. Resistance - $0.74 Support - $0.50
Note
XRP suffered a strong pullback (-9.38), which is expected after its strong rally this past Sunday. The RSI shows that it was overbought/overvalued on Sunday, so there are trapped positions that will hold some good value to XRP in its rally. XRP is currently in a price correction. 200 MA is still playing the break. Momentum - Upward
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.