A bearish divergence is visible on the 15-minute chart for XRP/USDT. While the price is forming higher highs, the RSI indicator is showing lower highs, indicating waning bullish momentum.
Key Observations:
Resistance Zone: $2.33–$2.35 (current local high).
Support Levels:
First: $2.28 (recent consolidation area).
Second: $2.07 (previous key level).
RSI Trend = Divergence shows the possibility of a short-term reversal.
Potential Scenarios:
1) Rejection at Resistance: If the price fails to break above $2.33, I expect pullback until next support $2.18 and $2.07
2) Breakout Confirmation: A move above $2.37 could invalidate the divergence and lead to further bullish continuation.
Key Observations:
Resistance Zone: $2.33–$2.35 (current local high).
Support Levels:
First: $2.28 (recent consolidation area).
Second: $2.07 (previous key level).
RSI Trend = Divergence shows the possibility of a short-term reversal.
Potential Scenarios:
1) Rejection at Resistance: If the price fails to break above $2.33, I expect pullback until next support $2.18 and $2.07
2) Breakout Confirmation: A move above $2.37 could invalidate the divergence and lead to further bullish continuation.
Not
1H closed with a beautiful red doji candle, potential reversal is near? Let's find out!Not
In 1-2 hours should be clear if this is real divergence, as from the other side we can feel the bull pressure.Small reminder, in this market you need to act fast. If you open the trade and the price starts to fall below 2.25, move SL to BE.
Emir iptal
This time it didnt worked out.
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.
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.