CryptoSimons

XRP Falling Wedge

Panjang
I don't see XRP falling to a significant degree from here. XRP has been forming a falling wedge pattern since May 2019. Support and resistance lines in time frame give evidence to this, as well as the declining volume over the period. Near-term price increase can be predicted by looking at the 2 month bullish divergence that has been forming on the RSI and recent fear activity on the f&g index. A spike in volume will be expected to confirm the falling wedge breakout. This wedge has a target of 0.5.
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.