This is only a short term idea.
There is a death cross on the 1 hr chart.
4 hr chart showing us some hidden bearish divergence.
Daily chart is struggling to climb above the 200 day moving average.
Weekly chart could find support around .25c within this weekly candle.
That would set us up for a huge bullish move as early as next week, with Stochastic RSI set up for a reversal in that timeframe.
Not Financial Advice.
There is a death cross on the 1 hr chart.
4 hr chart showing us some hidden bearish divergence.
Daily chart is struggling to climb above the 200 day moving average.
Weekly chart could find support around .25c within this weekly candle.
That would set us up for a huge bullish move as early as next week, with Stochastic RSI set up for a reversal in that timeframe.
Not Financial Advice.
Comment:
I must of looked at too many charts tonight. The 1hr chart was a golden cross not a death cross. Haste makes waste. Xrp looks like it wants to take aim at .32-.33 on the hourly actually. Still hidden bearish divergence on 4 hr.