XRP shows a bullish divergence which means even though it appears to be moving down its actually going up.
Hourly MACD also shows rising and so does the RSI . XRP also has a double bottom reversal to the upside indicating positive movement.
NOTE: to be safe, a strong confirmation of a buy signal and of upward movement will be for XRP to pass the resistance at 1.19.
Profit targets for XRP will be 1.19 1.37 and 1.43.
Hourly MACD also shows rising and so does the RSI . XRP also has a double bottom reversal to the upside indicating positive movement.
NOTE: to be safe, a strong confirmation of a buy signal and of upward movement will be for XRP to pass the resistance at 1.19.
Profit targets for XRP will be 1.19 1.37 and 1.43.
Comment:
just needs to remain above the pink line
Comment:
Best thing to do is HODL and wait it out. Dont sell for a loss . Two more weeks of correction then we are moving back upwards with BTC leading the pack. The first Altcoin to follow BTC upwards is always XRP. it fires off the beginning of summer ALTcoin session.
The reason for the pep talk is because there are some unreasonable values for XRP showing up in the graphs. Whether they come to pass is another thing - but Either way just HODL as this happens every year and all coins recover.
The reason for the pep talk is because there are some unreasonable values for XRP showing up in the graphs. Whether they come to pass is another thing - but Either way just HODL as this happens every year and all coins recover.
Comment:
There are many Bull trap and Bear trap signals currently being generated in the crypto markets. during this correction . The only way we can reliably tell a coins direction is when it breaks past a resistance point.
XRP currently needs to confirm its direction by crossing the 1.19 resistance and it has to do so within the next 3 hour and 30 minutes.
This is because the 7 hour candle wraps up at this time and this candle has 3 dojis assigned to it. The 3 doji formation is very rare but it tells us that strong movement is going to be made during the next 3 hours and 30 minutes when this candle wraps up and it could be an up or down movement.
XRP currently needs to confirm its direction by crossing the 1.19 resistance and it has to do so within the next 3 hour and 30 minutes.
This is because the 7 hour candle wraps up at this time and this candle has 3 dojis assigned to it. The 3 doji formation is very rare but it tells us that strong movement is going to be made during the next 3 hours and 30 minutes when this candle wraps up and it could be an up or down movement.
Comment:
XRP looking good and on track for upward movement . We get confirmation in 25 minutes
Trade closed manually:
closing as the market is still correcting . These targets and higher values will be hit once the correction completes in a few weeks,
Long term XRP still shows 7.84 and above, but we still have two weeks of correction ahead of us so relax during the drops knowing that prices will return upwards in a few more weeks .