XRP is moving in a downward channel within the liquidity zone.
The 1H Timeframe is now buying off with long shadows at the 200MA test.
The 50MA has broken up the 200MA (1H TF).
Trading volumes have stopped expressing interest in price declines.
XRP is above liquidity.
TD Sequential has formed a reversal signal up (30m TF)
I expect XRP to change the local trend after fixing above the resistance level.
The 1H Timeframe is now buying off with long shadows at the 200MA test.
The 50MA has broken up the 200MA (1H TF).
Trading volumes have stopped expressing interest in price declines.
XRP is above liquidity.
TD Sequential has formed a reversal signal up (30m TF)
I expect XRP to change the local trend after fixing above the resistance level.
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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.