"XRP (Ripple) bouncing from the Support Zone?" by ThinkingAntsOk
Daily Chart Explanation:
- Price is on a Descending Channel on Weekly Basis.
- Price bounced from the Support Zone.
- Bullish Divergence on MACD.
- If price starts its up move from here, it has potential to go towards the Weekly Descending Trendline and, if price breaks it, there is potential to move up towards the Resistance Zone.
Weekly Analysis:
Updates coming soon!
- Price is on a Descending Channel on Weekly Basis.
- Price bounced from the Support Zone.
- Bullish Divergence on MACD.
- If price starts its up move from here, it has potential to go towards the Weekly Descending Trendline and, if price breaks it, there is potential to move up towards the Resistance Zone.
Weekly Analysis:
Updates coming soon!