AlanSantana

Ripple Slowly Creeping Above Resistance

Long
AlanSantana Updated   
BINANCE:XRPBTC   XRP / Bitcoin
Ripple (XRPBTC) is moving slowly printing 4 consecutive green candles to break above EMA10. This type of action can lead to a strong move.

Take a look at the left side of the chart, the yellow circle with the "1" in it.
After XRPBTC moved above EMA10, a strong move followed, we can have a similar scenario develop here and see "2" happen.

  • The MACD is showing a young bullish cross while the histogram is turning green.
  • There's hidden bullish divergence with the RSI.
  • The STOCH is oversold and curving up.

The altcoins market is going to have a really great start in the year 2020.

Wishing you the best in this new year, 2020, and beyond.

Thanks a lot for your continued support throughout the years.

I am always very grateful.

Thanks again!


Namaste.
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