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XRPUSD Update
- As predicted yesterday XRP has retested the previous resistance/value area and this has now become key support.
- Some good Long volume accumulation over yesterday, and the depth (Buy/sell wall) chart is looking a lot more bullish
- This wave of buy orders should see us get to 0.85 value/resistance region quite quickly where the next stack of Sell orders is currently sitting
- Key indicators (RSI & MACD) looking bullish: 1H RSI has cooled off from overbought position following the push to break trend over the last 3 days. It is now ready for the next wave.
Next Target - 0.85
Enjoy the ride.
- Some good Long volume accumulation over yesterday, and the depth (Buy/sell wall) chart is looking a lot more bullish
- This wave of buy orders should see us get to 0.85 value/resistance region quite quickly where the next stack of Sell orders is currently sitting
- Key indicators (RSI & MACD) looking bullish: 1H RSI has cooled off from overbought position following the push to break trend over the last 3 days. It is now ready for the next wave.
Next Target - 0.85
Enjoy the ride.
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