XRPUSD This 1day Death Cross is a blessing!
Ripple / XRPUSD just formed a Death Cross on the 1day time frame.
This is a bearish technical pattern but last time it was formed (Dec 23rd 2022) the price was forming the bottom of the 1 year Channel Up.
The 1day MACD patterns of the two fractals are very similar.
We consider this Death Cross a strong buy opportunity. Even though one last pull back is technically possible, you can start entering now.
Buy and target near the previous High (0.9000).
Previous chart:
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This is a bearish technical pattern but last time it was formed (Dec 23rd 2022) the price was forming the bottom of the 1 year Channel Up.
The 1day MACD patterns of the two fractals are very similar.
We consider this Death Cross a strong buy opportunity. Even though one last pull back is technically possible, you can start entering now.
Buy and target near the previous High (0.9000).
Previous chart:
Follow us, like the idea and leave a comment below!!
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