Exciting to see that it seems inevitable we will see the golden cross on xrpusd come wednesday. A small retracement on tuesdays candle is not a bad thing as it brings price action closer to the golden cross for the time it occurrs which usually tends to give it better odds of being a sustained golden cross. We might not see price action respond immediately but it will very very likely respond a day or few after and probability is favoring the cross to not get uncrossed and be sustained as well. Smart to be prepared in case of a fakeout but one is very unlikely to occur. next xrp temporary bull target is 47 cents.
Does the golden cross have more weight than the RSI indicating a reversal?
DrDovetail
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@rigosbox, In a bull market where ltc, eth, and most importantly btc have already sustained their golden crosses? It absolutely matters more than whatever the rsi is currently saying. You'll notice the stochrsi on the 1 day chart still has plenty room to move up. Good question though.