XRP Bullish Continuation
XRP 4h
Price gave a huge discount to completely fill the fvg, would be ideal if it also hit the 1dOB but it is now up on the 3level looking to test the resistance again. After sweeping liquidities below, next target will be the upper side. A liquidity run up to $4 is looking good here.
RSi dips below the 30level and quickly recovers, currently on the 50level where a retracement usually occurs.
MACd is showing a reversal since the macd line(blue) crosses above the signal line(orange) without reaching the zero level of the histogram. Bearish momentum is also weakening.
Price gave a huge discount to completely fill the fvg, would be ideal if it also hit the 1dOB but it is now up on the 3level looking to test the resistance again. After sweeping liquidities below, next target will be the upper side. A liquidity run up to $4 is looking good here.
RSi dips below the 30level and quickly recovers, currently on the 50level where a retracement usually occurs.
MACd is showing a reversal since the macd line(blue) crosses above the signal line(orange) without reaching the zero level of the histogram. Bearish momentum is also weakening.
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