Golden Crossover: XRP Heads for Bullish Chart Pattern
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"The upward sloping 50-day moving average (MA) looks set to cross above the 200-day MA soon. That said, XRP is still down 87 percent from the record of $3.30 reached on Jan. 4, 2018 and far from being overbought. The golden crossover, therefore, may invite chart-driven buying, leading to the next leg higher in the cryptocurrency."
"XRP: This double bottom will melt faces if it plays out. Couple Bullish indicators Im looking at 1.Golden Cross Incoming 2. Double Bottom Formation 3.Bullish Divergence on MACD . As Long as Bitcoin doesn't dump on us, we could be do for a nice rise!"
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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.