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.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.