XRP Bullish divergence

2018年9月13日

Lower lows on chart while higher lows on RSI gives bullish divergence, meaning the bears are loosing steam. Long term target might be where the 200 EMA meets earlier major support at around 69000 sats.

Wanna see how this idea plays out :)

2018年9月18日

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Here we go, 18% up for the day so far! Let's see if we can go all the way to the major resistance line in red.

2018年9月21日

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Target reached, and what a move!

We already pierced the resistance at 69000. If we can break through properly, next target is around 90000 satoshis.

2018年9月21日

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Second target reached!

Expecting a correction before we move to around 110000 satoshi.

2018年9月23日

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So we actually moved to 110000 satoshi BEFORE the correction... I would wait for the correction to go down towards the 70000 area and watch price action before buying in again.