Looking towards several factors for the bullish case on xrp, despite it's SEC lawsuit.
Seems to be in an Wyckoff accumulation phase.
A hidden bullish divergence is starting to workout.
There is a golden cross on the weekly chart and one forming on the daily chart as well. With a neutral bias forecasting we could expect the daily crossover around end of August.
Still a few days left till the end of the month be it seems we are having and marubozu candle engulfing prior down side and expect continuing upside.
This still is depending on how BTC will behave.
This chart is for information and educational use only, Do not take this as investment advice and do your own research.
Seems to be in an Wyckoff accumulation phase.
A hidden bullish divergence is starting to workout.
There is a golden cross on the weekly chart and one forming on the daily chart as well. With a neutral bias forecasting we could expect the daily crossover around end of August.
Still a few days left till the end of the month be it seems we are having and marubozu candle engulfing prior down side and expect continuing upside.
This still is depending on how BTC will behave.
This chart is for information and educational use only, Do not take this as investment advice and do your own research.