Sittin' Sideways
XRP seems to be ranging in a way that it's bouncing off of support and resistance zones.
Indicating that bulls and bears were both indecisive.
It made a breakout from 1.58; could expect a strong corrective move soon.
If it cannot break 1.62-1.65 in the next hour or so, could be a possible strong rejection (corrective move).
Indicating that 1.62 may become a resistance area.
Possible false breakout was also noticed by the last candle's wick at 1.66.
NOTE: Please do not take this as confirmation as buy/sell signal. This is my general idea and opinion on XRP's momentum.
Indicating that bulls and bears were both indecisive.
It made a breakout from 1.58; could expect a strong corrective move soon.
If it cannot break 1.62-1.65 in the next hour or so, could be a possible strong rejection (corrective move).
Indicating that 1.62 may become a resistance area.
Possible false breakout was also noticed by the last candle's wick at 1.66.
NOTE: Please do not take this as confirmation as buy/sell signal. This is my general idea and opinion on XRP's momentum.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.