롱

Can XRP move even higher?

업데이트됨

Simple answer, Yes!
Complicated answer, it depends.

XRP is showing very strong bullish signs on weekly time frame.

- RSI broke new high after more than 2 years
- 20 and 50 EMA gave buy signal after 2 years

Two very strong bullish signals.

2H time frame

-Price is in, sorry, it's breaking from Ascending triangle bullish continuation pattern.
- MACD is about to see another buying wave
- RSI is still showing much potential to seek higher levels

The bullish momentum will be confirmed by a break of $0.50 mark.

For the next resistance levels, please drag the chart higher to see them.

Good luck!

노트

This rally is not ending yet

노트

Is this really it.. a breakout? Well it may be one indeed as the demand on RSI is breaking into a new high for the past three years and the price of XRPBTC seems to have bottomed!

거래청산: 타겟 닿음

I am closing this idea as the highest resistance of $0.80 was tested, I haven't took any profit yet, current price $0.65.

노트

Maybe just two more updates.. :) It's important to hold this 50 EMA, because the break of it will push the price in a corrective wave on 1h time frame

노트

on 1h time frame we can see that the price of XRP has found support on 20 EMA which os 15m 50 EMA, and the break below would mean a retest of 0.5430, 50 EMA.

노트