Cập nhật

XRPUSDT - Different Timeframes and possible targets

Let's take a look at the XRP chart starting with the monthly timeframe.

We are forming a very tight range with lower highs and higher lows. If we can see a break of 0.75 we can reach following targets:

0.81
0.93
1.11
1.59

Ghi chú

Now let's check out the weekly chart.

We broke the major declining trendline and touched the first horizontal support.
The RSI isn't overbought yet so we still have space to move higher.

Ghi chú

Ghi chú

Let's dive in the daily chart.

After a 20% move up the RSI was in the overbought zone and need to cool of. For now we saw 3 inside bars so we are creating a tight range, this ranges often awaiting a big move. Till now it seems we are forming a bull flag. This can continue to the upside.

Ghi chú

On the 4 and 1 hour chart we are creating a possible falling wedge pattern. The RSI was overbought and we had to cool of, this by creating a bullish structure in a falling wedge.

Ghi chú

Also pay attention to the XRPBTC chart. When this downward channel breaks upwards we can expect a 100% move!

The price has a positive divergence with the RSI, it's time for XRP to do it's thing !

Ghi chú

Update: on the 1H and 4H timeframe we broke the falling wedge bullish but failed at the retest.

The bigger picture and targets are still the same

Ghi chú

CryptoColugo

CHECK IT OUT 😎
⬇️⬇️⬇️

youtube.com/channel/UC_UP6XvTaTEKIapdM-aKzWA
twitter.com/TheChartingArt

Ngoài ra, trên:

Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.

CryptoColugo

CHECK IT OUT 😎
⬇️⬇️⬇️

youtube.com/channel/UC_UP6XvTaTEKIapdM-aKzWA
twitter.com/TheChartingArt

Ngoài ra, trên: