XRPUSD - Choppy/Sideways Today. Price Technical Analysis #5
Market in last 24 hrs
- As predicted in previous analysis, XRPUSD moved up. Market moved by ~4%, between $0.2011 and $0.2087
- Price at time of publishing: $0.2044
Today’s Trend analysis
Price should trend sideways today. Oscillators are neutral with a bias towards ‘buy’ side but RSI moved close to 50 and CCI is now at 90, confirming that trend is not strong in either direction. MACD is almost at 0. To add to this, price bounced back from upper Bollinger Band.
- Choppy/Sideways today
- ‘Oscillator‘ indicators are mostly neutral. RSI at 56
- ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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If you find the analysis useful, please like and share our ideas with the community!
- As predicted in previous analysis, XRPUSD moved up. Market moved by ~4%, between $0.2011 and $0.2087
- Price at time of publishing: $0.2044
Today’s Trend analysis
Price should trend sideways today. Oscillators are neutral with a bias towards ‘buy’ side but RSI moved close to 50 and CCI is now at 90, confirming that trend is not strong in either direction. MACD is almost at 0. To add to this, price bounced back from upper Bollinger Band.
- Choppy/Sideways today
- ‘Oscillator‘ indicators are mostly neutral. RSI at 56
- ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
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As predicted in previous analysis, XRPUSD price consolidated. Market moved 2%, between $0.200 and $0.205.
