XRP moving but not firing on all cylinders
XRPBTC
I am checking this out and getting mixed signals. If you hold this then no action needed if you are waiting I would wait some more. There might be another flush with BTC or alone. Honestly the resistance and support don't line up and this doesn't move in a way I can understand so I won't be buying any anytime soon. I don't do stories and news only technicals.
'Good NEWS-
it is bouncing perfectly on the 50 moving average and above the fib level.
The 20 is moving up and MIGHT cross 50 soon
breakout above 618 fibonacci level.
if it is an uptrend we have two points to attach a trendline to.
BAD-
50 and 20 MA are inverted. 50 moving average has red arrow ( that means bear market, and it is too early to know if they/when will cross)
volume is weak
no real capitulation it just bubbled sideways until it was out of downtrend
I am checking this out and getting mixed signals. If you hold this then no action needed if you are waiting I would wait some more. There might be another flush with BTC or alone. Honestly the resistance and support don't line up and this doesn't move in a way I can understand so I won't be buying any anytime soon. I don't do stories and news only technicals.
'Good NEWS-
it is bouncing perfectly on the 50 moving average and above the fib level.
The 20 is moving up and MIGHT cross 50 soon
breakout above 618 fibonacci level.
if it is an uptrend we have two points to attach a trendline to.
BAD-
50 and 20 MA are inverted. 50 moving average has red arrow ( that means bear market, and it is too early to know if they/when will cross)
volume is weak
no real capitulation it just bubbled sideways until it was out of downtrend
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。
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。