XRPBTC has been in accumulating since a long period now.
It is getting good support between 0.618 - 0.786 levels.
Similar pattern was seen after 2nd April peak, where it accumulated in between 0.618 - 0.786 levels too.
Trend line showing good support currently
Elliot wave Analysis.
Wave 4 - Correction wave (A,B,C) seems to have completed now or nearing complete with its last leg "C"
Wave 4 didn't go below Wave 1
MACD - showing bullish signal
RSI - showing bullish signal - formation of lower lows
It is getting good support between 0.618 - 0.786 levels.
Similar pattern was seen after 2nd April peak, where it accumulated in between 0.618 - 0.786 levels too.
Trend line showing good support currently
Elliot wave Analysis.
Wave 4 - Correction wave (A,B,C) seems to have completed now or nearing complete with its last leg "C"
Wave 4 didn't go below Wave 1
MACD - showing bullish signal
RSI - showing bullish signal - formation of lower lows
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.