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CapMoore
Feb 9, 2018 8:08 PM

XRP/USD Important Trendline Break May Trigger More Gains Feb 9  

XRP / U.S. dollarBitstamp

描述

Price has advanced and broken the trendline and is now
inside the Cloud. It has almost hit the Weekly pivot point
at 0.935. On the upside, Bulls would like to see price
take out the 1.02 level and create a new swing high for
a reversal and to carv out a bottom. The 1.02 level is both
support and resistance and the upper Cloud resistance.
Support from here is both the lower Cloud and the S/R
level at 0.79. If price breaks below that it would be unnatural
after a trendline break we just saw. The break of the trendline
came with a few long green candles which is good for
upside bias going forward.
评论
gusccbb
Hi, tks for sharing. XRP crossed the EMA50 4H with 3 green candles 4H. Do you think XRP has fuel to go towards $ 1 before the close of the day?
gusccbb
@gusccbb, Has it bounced three times in 0.92? Similar to BTC with 7k.
CapMoore
@gusccbb, Two times, it's hesitating. BTC halting at daily R1, check it up.
gusccbb
@CapMoore, You're right.
CapMoore
@gusccbb Have no opinion about that. 1.02 may cause a bounce, it's pretty strong resistance.
gusccbb
@CapMoore, Yes, Thanks for your comment.
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