Hi Everyone this is Kris and This is My Analysis
There are rumors spreading of pumping XRP but question is can it be PUMP to go high above resistance?
Let's see the chart,
Now Im showing you 1 hour, 4 hours and 1 day
MY ANALYSIS IS POSSIBLE BUT NEEDS CONFIRMATION
Based on EMA 10 and 20 of daily chart the can see its attempting to go higher
I saw some signs of DIVERGENCE of MACD showing we might go up soon
RSI still needs confirmation.. for my end i want to see price go DOWN to 0.24 or 0.24 or 0.23 to retest support 1 more time and have a clear RSI Divergence that we are going up
The Moving average are forming nicely in 1 hour and 4 hours chart
WHY I want this to go lower.. because currently all timeframes are overbought.. I believe it needs to pull back a bit if you want to have a higher spring up
I hope this helps
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