XRPUSD Poloniex- Down again?

We had a good movement after the market correction, however XRP has been trying to break through the 200 EMA and it hasn't been able to do so. This is in the same area of the 0.786 fib retracement number, both worked as a resistance.

We have a wedge formation, and now XRP is breaking to the downside. The 50 EMA was working like a good support, however we're currently breaking this and the wedge support, which in both cases it's sign of a price retracement.

We also have a head and shoulder formation within the wedge , another reversal trend signal. I have added a target based on the H&S formation, around the 0.91 area.

If the price rises, and we ho back into the wedge , we could go back up and test again the 200 EMA .
評論: So the prices did fall and went even below the H&S target. Now from here we've got two areas of support, one is on the area of 0.85 (marked in purple) and below that on the EMA 200 at 0.76 on the daily chart. These are strong supports that will have a higher demands and could potentially reverse the trend. If it doesn't, we would carry on with the downtrend.
We´re also about to have a bearish crossover on the MACD and the RSI is getting closer to the oversold area.

ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出