My feeling is that XRPUSDT will respond here with a move to the upside. Bollinger bands are narrowing out and this should indicate a bigger move one way or the other but with the 20 and 50 MAs in a good position in relation to the 200, I would see likely the move will be positive to the upside.
Also showing some interesting divergence on the Stochastic RSI.
Also showing some interesting divergence on the Stochastic RSI.
Comment:
On the three hour chart it does look more difficult to muster the momentum upwards but it is still possible. There is also the potential for a temporary move back to support before the next leg higher. But my feeling is that it is not too far off a rally scenario.
