After 3 months of sideways price action, XRP bulls seem to be trying a breakout attempt, breaking above the gray descending trendline.
I´m not convinced we have a low yet. For a trend to finish, we normally have RSI divergence and a liquidation candle with volume.
RSI divergence is absent, and we could argue that June 13th´s weekly candle has volume, but I´m not a buyer until we see more solid bullish price action.
I´m not convinced we have a low yet. For a trend to finish, we normally have RSI divergence and a liquidation candle with volume.
RSI divergence is absent, and we could argue that June 13th´s weekly candle has volume, but I´m not a buyer until we see more solid bullish price action.
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