gandolfthegray

XRP cup and handle formation - watch for move up

BITFINEX:XRPUSD   瑞波币/美元
XRP may have completed a cup and handle formation and is in the early process of moving up. This would follow with the recent trend in breakouts from other coins and suggests a shift in market confidence (for at least the short term).

A move up is also supported by RSI on 4 hour and longer time frames.

An increase in volume would be another strong indicator that XRP is ready to make a decent sized jump before contacting resistance. Potential resistance may be strong around 1.40 and 1.60.

As with most moves under the current conditions, a failure of BTC             or other major coins to continue a slow climb from recent lows will overshadow the cup and handle formation, sending XRP lower.

This is not trading advice, but rather educational. The market is still on very shaky ground despite the recent breakout on several coins. Trade wisely.
评论: A zoomed out view to show the trends in RSI and MACD.

评论: looks to be hung up on the trendlines and while BTC decides if it is going to push through 9500-10000. If BTC can't make that push, then it appears likely it will all come down again in the short term (at least).
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出