XRP is looking much better now. It closed four days green after a higher low but something is off.
I mean, it is good you can see the chart the rising channel but I am sensing some weakness. There is zero volume.
Normally, when the retrace ends and produces a higher low there is always at least a small spike in volume. But, it can happen that there is no volume because it is early and there will be long-term growth and so volume only shows up when resistance is being removed.
Since doubt can creep upon us we focus on the price and the chart.
Higher low the bears showed no strength with several days green we can see prices continue to increase. Let's keep it easy.
Set at stop below $2.07 and go all-in. Do what you think is right already LONG on XRPUSDT since 30-May. We have to wait and see for the market to produce the results.
I mean, what is your take?
You are an expert too give me something, give me something in the comments because it is not an easy chart but it is clearly pointing higher. The problem is that sometimes the chart signals are fake.
Leave a comment with your view.
Thank you for reading.
Namaste.
I mean, it is good you can see the chart the rising channel but I am sensing some weakness. There is zero volume.
Normally, when the retrace ends and produces a higher low there is always at least a small spike in volume. But, it can happen that there is no volume because it is early and there will be long-term growth and so volume only shows up when resistance is being removed.
Since doubt can creep upon us we focus on the price and the chart.
Higher low the bears showed no strength with several days green we can see prices continue to increase. Let's keep it easy.
Set at stop below $2.07 and go all-in. Do what you think is right already LONG on XRPUSDT since 30-May. We have to wait and see for the market to produce the results.
I mean, what is your take?
You are an expert too give me something, give me something in the comments because it is not an easy chart but it is clearly pointing higher. The problem is that sometimes the chart signals are fake.
Leave a comment with your view.
Thank you for reading.
Namaste.
Trade active
The higher low is in. I believe the bullish bias will now strengthen.Not fully confirmed but definitely starting to show. The bearish action is over. The retrace is over. XRP is going up.
Namaste.
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🚨 FREE Quality Content + New Results
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🚨 Go beyond! PREMIUM LIFETIME Access
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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.