Ripple (XRP) is trading within a descending channel.
- Above you can see how the price has been going down strong. It looks like it still needs to find support.
- All the indicators are bearish. MACD, RSI and STOCH.
- The positive divergence on the MACD is bullish signal, but support needs to be found first before it comes into play.
Keep an eye out for the bounce after we find support.
Note: This is not a trade advice.
Thanks a lot for reading.
Namaste.
- Above you can see how the price has been going down strong. It looks like it still needs to find support.
- All the indicators are bearish. MACD, RSI and STOCH.
- The positive divergence on the MACD is bullish signal, but support needs to be found first before it comes into play.
Keep an eye out for the bounce after we find support.
Note: This is not a trade advice.
Thanks a lot for reading.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.