XRP ANALYSIS:
XRP is also attempting a small hourly bearish engulfing. There is a slight divergence on the hourly RSI from previous bottom, but that does include that the new low is a bit higher. It seems sell pressure is still overtaking buyers. Another similarity following legacy markets. This causes a higher panic for buyers and a reason why they will wait to step in when major support is hit. I expect a possible shot back up to the new resistance block following to T1 at . 1394, and T2 at .1467. From here, another rejection is expected and a possible shot back to major support near .11. I would recommend entering in some long bids inside the major support for long term hold.
XRP is also attempting a small hourly bearish engulfing. There is a slight divergence on the hourly RSI from previous bottom, but that does include that the new low is a bit higher. It seems sell pressure is still overtaking buyers. Another similarity following legacy markets. This causes a higher panic for buyers and a reason why they will wait to step in when major support is hit. I expect a possible shot back up to the new resistance block following to T1 at . 1394, and T2 at .1467. From here, another rejection is expected and a possible shot back to major support near .11. I would recommend entering in some long bids inside the major support for long term hold.
Dagangan ditutup: sasaran tercapai
Dagangan ditutup: sasaran tercapai
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.