Dear traders,
the XRP market price broke the middle term up trend line which indicates more down movement. Additional the market has build a head and shoulder pattern which is confirmed if the next two 4 hours candles close red and under 0.22 $. The price should move after this confirmation to the drawn buy area.
-MACD baselines going to cross bullish soon which indicates a possible long fakeout to liquidate short positions
-RSI baseline is still not in heavy overselled area which indicates more possible down movement
-Market price reached 61,8 fibonacci line which indicates an weak trend
When to enter short or long will be published in our VIP group - contact us for further information.
Feel free to leave a comment or your idea in the comment section.
the XRP market price broke the middle term up trend line which indicates more down movement. Additional the market has build a head and shoulder pattern which is confirmed if the next two 4 hours candles close red and under 0.22 $. The price should move after this confirmation to the drawn buy area.
-MACD baselines going to cross bullish soon which indicates a possible long fakeout to liquidate short positions
-RSI baseline is still not in heavy overselled area which indicates more possible down movement
-Market price reached 61,8 fibonacci line which indicates an weak trend
When to enter short or long will be published in our VIP group - contact us for further information.
Feel free to leave a comment or your idea in the comment section.
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The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
