XRP USD DAILY TECHNICALS (4/27/2021)

27 thg 4, 2021

Good morning- crypto ger here for another xrp update- today is Tuesday April 27, 2021.

Before we get into the technicals and all the fun stuff- please know that this is not financial advice, this is my opinion and my opinion only.

Lets talk a little about the current trend and yesterdays performance before we get into the daily outlook.

The price of xrp is up 450% ytd
Over 100% on 3 & 6 month range and 37% on the month

The weekly technicals support long positions and are now more favourable than last week- performing well above almost all moving averages-indicating a strong buy position. the oscillators are mostly neutral with a couple of buy indicators. Rsi values are in the high 60s (compared to low 70s last week) & cci is now 163 compared to over 200 last week- these indicators on their own are both neatural compared to sell last week. The bull bear power index is now a 0.6 compared to 1.1 which is still neutral and lastly the macd is still reporting a 0.21 which is a buy. Weekly technicals are a buy.

For the day ahead I expect to see a trading range below 1.44- a 4 hr close above 1.44 makes me extremely bullish in the very short term.
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