jcgordon

XRP hasn't mananged to pierce the Ichimoku cloud yet

Continuing from my previous idea for a potential short-term increase in XRP, the lagging span has so far failed to pierce the Ichimoku cloud. Futhermore the K line of the stochasitc oscillator has crossed over the D line indicating a futher downtrend. The last green candle met resistance at the upper Bollinger band. So unless the lagging span clears above the cloud, XRP continues to be bearish.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.