looks like xrp is continuing to fill out this ascending triangle pattern. I excpect we hit the top area again near .47-.50 and will then most likely pull back to bottom. if we continue higher and break .50 then a serious move will be in play towards .56, and will have to respond accordingly. all my indicators are starting to line up together favoring the bulls. however my moving averages are showing a bearish bias with price action beneath the 20ema 40sma 100sma.
20ma is making its way under the 40sma on the 12 hr, and is making its way underneath on the daily. How ever if price action makes my first target are of .43 then those averages will start turning up.
Let me know what you think about xrp!
Also do you think xrp will succeed? Knowing that they are having a hard time being adopted as a cross border payment system by banks because the price is so volatile?
20ma is making its way under the 40sma on the 12 hr, and is making its way underneath on the daily. How ever if price action makes my first target are of .43 then those averages will start turning up.
Let me know what you think about xrp!
Also do you think xrp will succeed? Knowing that they are having a hard time being adopted as a cross border payment system by banks because the price is so volatile?
评论:
look for xrp to rebound in the near future