RSI oversold whilst making higher lows = impending bull run
Following a successful trade (linked) we must decide what to do now that XRP is up 40%.
We can see that the RSI is very oversold at the moment.
The chart seems to be making higher lows, along with the fact that the .44c resistance is continually being tested, makes me believe that this resistance will be taken down in a similar stride as previous runs.
Investors are eager to make money and XRP makes you money :)
Resistances that will eventually turn in to supports:
.49c
.55c
.62c (will need significant volume to pump past this)
Not financial advice.
Stay Safe.
We can see that the RSI is very oversold at the moment.
The chart seems to be making higher lows, along with the fact that the .44c resistance is continually being tested, makes me believe that this resistance will be taken down in a similar stride as previous runs.
Investors are eager to make money and XRP makes you money :)
Resistances that will eventually turn in to supports:
.49c
.55c
.62c (will need significant volume to pump past this)
Not financial advice.
Stay Safe.
Comment:
triple bottom... keep an eye out.
