XRP - Increase Possible after THIS LEVEL for BINANCE:XRPUSDT by CryptoCheck-

XRP - Increase Possible after THIS LEVEL

XRP - it's possible that the bottom may be near, and we're going to use a technical indicator to look for the bottom.

It should be noted that I am NOT a fan of XRP BUT, I understand tat all coins are tradable despite whether or not I like them.
So let's dive into the SIGNS of the times:

Looking at the RSI below the chart, historically XRP bottoms are close when the RSI hit's the yellow line (34). It could trade lower for a few ore weeks to come, but ultimately this low RSI signals the bottom is either in or close.

It is also worth noting that the M-Pattern should be finished playing out, or close to finished:

Either way, if you MUST trade XRP, buy low and sell high. Bag holders gets burnt!

____________________________

Note

Check out this Bitcoin update on WHY I say the ATH is still coming:

Trade closed: target reached

21% increase, RSI recovers to 49.

CryptoCheck-

Discord Server
discord.gg/xHJRka3

Cryptocheck Website
thecryptocheck.com

SoftQuant Website
softquant.io

Also on:

Related publications

SHIB Flashing a SELL (⊙_⊙)

by CryptoCheck-

Bitcoin ALL-TIME-HIGH is STILL COMING: Here's Why

by CryptoCheck-

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.