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
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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.
This trade could go either way, I'm a macro bull with long term price points but I do speculate with a percentage of my portfolio. These are high risk/high reward setups and should be treated respectively at your own discretion.
MitchMilli
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I think there is a possibility that the Coinbase XRP trade suspension may not cause as bearish outcome to price as many expect. This in addition to a bullish weekly chart could fuel a nice run.