My views on XRP still hasn't change since my last article. The price action has been quite volatile, but if you look at it in the higher time frames such as monthly/weekly/daily, I think XRP is still working to move to the upside.
Daily:
1) The price has found the temporary support at Fib 0.5 level and EMA55.
2) yesterday's daily candle closed above $3.07 area (previous major resistance area)
3) Both RSI and MACD are still in the bull zone.
4) Stochastic has reached the oversold territory the lines have crossed and now are moving to the upside.
Daily:
1) The price has found the temporary support at Fib 0.5 level and EMA55.
2) yesterday's daily candle closed above $3.07 area (previous major resistance area)
3) Both RSI and MACD are still in the bull zone.
4) Stochastic has reached the oversold territory the lines have crossed and now are moving to the upside.
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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.