Careful with that downward curving SAR series... let's just say it's "at the limit" right now. The January point should be level or higher, else you'll probably wanna start looking for the exit. In any case, if XRP drops below 0.1263, note that there's no stop until 0.05, and then 0.02 (this is pure technicals).
XRP indeed had a few bullish moments but always failed to bank on those. Now that XRP finally went thru the lower b-band line (as I have projected a couple months back), it's highly likely to touch or slightly pass the main support level. XRP is clearly bearish now, and to be bullish again it has to pass the October high, or better even, the June high. The next few 'monthly' candles will offer you a clear directional recommendation.
Watch closely for higher lows and higher highs. Get out if the opposite occurs.
XRP indeed had a few bullish moments but always failed to bank on those. Now that XRP finally went thru the lower b-band line (as I have projected a couple months back), it's highly likely to touch or slightly pass the main support level. XRP is clearly bearish now, and to be bullish again it has to pass the October high, or better even, the June high. The next few 'monthly' candles will offer you a clear directional recommendation.
Watch closely for higher lows and higher highs. Get out if the opposite occurs.
Comment:
MONTHLY
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*weekly (sorry)
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MACD