Hi all,
Looks like XRP is making some progress finally, breaking above the mid-term downtrend today. Bulls are now ready to surpass both the 50 and 100 day EMAs that just crossed one another on the daily chart. A closure above $0.20 or even better - in the middle of the $0.20-$0.215 zone today will be quite positive.
The one thing that worries me is a descending triangle on the 4h-chart, so let's hope we don't see a pullback below the horizontal line here.
Regards,
Looks like XRP is making some progress finally, breaking above the mid-term downtrend today. Bulls are now ready to surpass both the 50 and 100 day EMAs that just crossed one another on the daily chart. A closure above $0.20 or even better - in the middle of the $0.20-$0.215 zone today will be quite positive.
The one thing that worries me is a descending triangle on the 4h-chart, so let's hope we don't see a pullback below the horizontal line here.
Regards,
Nota
So, we broke up from the descending triangle on 4h chart. Looking good:Nota
Nota
XRP is still trading above the uptrend, now fighting to get past the 50 +100 day EMA that is guarding the $0.20 zone entry point:
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.