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!
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!
交易結束:目標達成
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.註釋
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.相關出版品
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