On the 4H, the stochastic is high, indicating a correction soon to $0.64 maybe even $0.62. The CCI backs this up, being above the 100 line. However, Xrp has risen above the 100 day EMA and is curving it upwards, showing strength in upward momentum.
On the 1D chart, the MACD has turned bullish, the stochastic is rising and has not overextended and the CCI hasn't reached the 100 line yet. There should be higher highs of this trend to come.
There is good resistance at $0.70 but with higher buying pressure it shouldn't be much of an issue. I expect it to replicate a bull flag at $0.70 and reach up to $0.74.
Good time for some profit!
This is my opinion. I am not a financial adviser. This is information for analysis and educational purposes only.
On the 1D chart, the MACD has turned bullish, the stochastic is rising and has not overextended and the CCI hasn't reached the 100 line yet. There should be higher highs of this trend to come.
There is good resistance at $0.70 but with higher buying pressure it shouldn't be much of an issue. I expect it to replicate a bull flag at $0.70 and reach up to $0.74.
Good time for some profit!
This is my opinion. I am not a financial adviser. This is information for analysis and educational purposes only.