XRP at Key stage

10 Şub 2018

If we somehow edge above the psychological level of 1$ before the next 4hr candle opens at 4am, then please expect XRP to move to 1.35$, which is the next resistance. However, after 4am, if the candle that opens is a bullish one then the bears have clearly lost the battle as price consistency seems to be declining at this levels due to bears coming into the market at this price. The Rsi also shows that it is at a key stage were historically it was knocked down into oversold zone. Moreover, after the 8am candle closes, if we see a bearish move away from the 1$ mark that is a good sign and should mean we are going down to 0.85$ fairly easily.