Circled in purple shows a Tinken Kijun cross-over (the moving averages on the Ichimoku Cloud indicator) using 'crypto settings' (20, 60, 120, 30).
Price is also testing the bottom of the cloud and has done for the past 5 weeks at near the same price level. A bitter joke in the xrp community is that xrp is now a stablecoin pegged at 30 cents.
The current technical setup makes Team Sparkster think the 30 cent level will not remain for much longer.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Price is also testing the bottom of the cloud and has done for the past 5 weeks at near the same price level. A bitter joke in the xrp community is that xrp is now a stablecoin pegged at 30 cents.
The current technical setup makes Team Sparkster think the 30 cent level will not remain for much longer.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
