XRPUSD - Choppy/Sideways Today. Price Technical Analysis #6
Market in last 24 hrs
- As predicted in previous analysis, XRPUSD price consolidated. Market moved by ~2%, between $0.200 and $0.205
- Price at time of publishing: $0.2044
Today’s Trend analysis
Price should trend sideways today. Oscillators are mostly neutral and compared to yesterday more have switched to confirm neutral momentum. MACD histogram is at 0. RSI is at 54 and CCI at 62, both moving closer to neutral zone, confirming that bulls are loosing strength.
- Choppy/Sideways today
- ‘Oscillator‘ indicators are mostly neutral. RSI at 54
- ‘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!
- Mudrex
- As predicted in previous analysis, XRPUSD price consolidated. Market moved by ~2%, between $0.200 and $0.205
- Price at time of publishing: $0.2044
Today’s Trend analysis
Price should trend sideways today. Oscillators are mostly neutral and compared to yesterday more have switched to confirm neutral momentum. MACD histogram is at 0. RSI is at 54 and CCI at 62, both moving closer to neutral zone, confirming that bulls are loosing strength.
- Choppy/Sideways today
- ‘Oscillator‘ indicators are mostly neutral. RSI at 54
- ‘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!
- Mudrex
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As predicted in analysis above, XRPUSD price consolidated in area specified above.
