blockchaintrends

XRPUSD bullish consolidation bellow resistance ?

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BYBIT:XRPUSD   None
XRPUSD during bullish consolidation bellow 0.305$ resistance. Price action above EMA 21,50,100,200 periods. Bullish bounce from EMA 50 at 0.2784.
Hold above green support trend line. Potential target after consolidation 0.3273 double top.
Volume: Confirm strong of trend.
Indicators: MACD bearish crossover above zero line. RSI above 50 points. Bullish sign with small correction.
Pattern: Consolidation bellow resistance. Bullish sign.
S/R: Support 0.2784, Major Support 0.2700, Resistance 0.3050, Major Resistance 0.3273.

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