My last chart's thesis has not changed (tradingview.com/chart/XRPUSD/Z79pWmXG-XRP-USD-looking-incredibly-bullish/). I called for XRP to reach ~$1.50 (when it was at $1) followed by a large retrace back down to the $0.75-$0.50 range which would set up a move toward (and beyond) the previous ATH.
In this chart, I'm highlighting the only 3 times the daily RSI has closed below 30 since XRP bottomed in March 2020. The previous 2 occurrences have acted as springs to start an upward trend. I expect this 3rd occurrence to be no different and to act as a signal to let us know the $0.75-$0.50 retrace target has completed.
**Not Financial Advice
In this chart, I'm highlighting the only 3 times the daily RSI has closed below 30 since XRP bottomed in March 2020. The previous 2 occurrences have acted as springs to start an upward trend. I expect this 3rd occurrence to be no different and to act as a signal to let us know the $0.75-$0.50 retrace target has completed.
**Not Financial Advice
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.