Toorqs

XRP - Last touch on trendline

Panjang
Again XRP did a deep retrace after a impulse up. Why the retrace is so deep once again in the mid of so much bullish momentum is hard to tell, but probably some kind of manipulation by big players is the reason.

With rsi showing oversold condition with bullish divergence on daily charts, its very hard to see the trendline broken, unless market as a whole collapses. Then we could also have a decoupling with XRP leading the next rally.

Xrp tipbot also beeing one of the most popular business applications on Gplay and Apple, so many things are pointing to an imminent explosion which hopefully will be big enough to rekt the manipulatiors and shorters.

good luck.
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.