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leopisbig
Jan 18, 2018 1:38 PM
#XRP ran fast but seems tired
Short
BITFINEX:XRPUSD
240
XRP / Dollar
Bitfinex
Description
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Jan 18, 2018 1:38 PM
In 30 minutes the US market will open and we may see some volume increase.
But 1-hour chart (left hand side) RSI shows negative divergence (if the uptrend will not continue).
Moreover, the other chart, which is 4-hour, shows a resistance break over but - again- the volume is falling.
In my opinion, we may see a price correction in the next hours.
From a wider perspective, the macro correction may continue.
The price increase since yesterday was quite rapid, this is not a healthy indication in my opinion.
Trade closed: target reached
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Feb 1, 2018 1:00 PM
Trend Analysis
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