XRP - Price Analysis
XRP has formed a wonderful falling wedge on the daily chart. Although, indicators are quite near bottom there are not many buy signals.
Stochastic has not crossed over, ADX is bearish and confirmed the strength of the downtrend.
That in combination with the low volatility on indicated by the RVI leads me to believe we will see more downward price actions towards the end of the wedge.
Watch for a bull cross on the stochastic, a topside break of the wedge, thinning of the Kumo, and an upcross on the chikou!
Stochastic has not crossed over, ADX is bearish and confirmed the strength of the downtrend.
That in combination with the low volatility on indicated by the RVI leads me to believe we will see more downward price actions towards the end of the wedge.
Watch for a bull cross on the stochastic, a topside break of the wedge, thinning of the Kumo, and an upcross on the chikou!
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Join The Spekre ACS Creator Pool and gain access to exclusive trading indicators, copy trading, exclusive content, and more tools in the future! Link: hub.accessprotocol.co/creators/J8TpW6cypxheFUYjWn4mxS6ExvBEMxyMiRvrf43Nhnvy
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。