XRP weekly

2018年9月23日

Observation: 
- The RSI (4 hrly) is currently well above the EMA\MA 20
- MACD is in neutral zone 
- Important resistance levels: 
$0.62, $068 and $0.79
- Important support levels: 
$0.52 and $0.58 

- 6 hrly chart, healthy pullback (over the weekend)
- very high volume in buys and sells
- Volume selloff lower, over the weekend 
- have green candles to create momentum for more highs

Summary: 
All positive signs indicating more upside movement to come towards $0.62 and $0.68. 
Crazy to forecast how the market will do.
Important to note, there is a looming chance that the big players can cash in (dump) because the likely chance they won't get this opportunity that often.

** Note **  
Please like and\or provide comment on the format and your observations as I don't want to spend too much time writing. 
I want to be able to deliver quick points while using the charts to explain without much wording. 

Reference: 
Yellow dotted to show support levels 
Red dotted to show resistance levels 
Hard lines to show major resistance or support levels or zones.

2018年9月23日

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6 HRLY chart (more details)

2018年9月23日

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Overall XRP chart

2018年9月23日

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2 hrly chart

2018年9月23日

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XRP has been very steady for over the weekend. Looking at the 4 hrly candle, we see the squeeze between 0.55 and 0.60 where 0.56 being the new support. EMA\MA are the support lines and Fib. 0.618 is most likely the target. Showing positive inclination to go up. However 8 hr ago we had BTC drop to 6660 and not yet recovered from this point yet. So we have conflicting views.