RSI Bullish Divergence - Upward Momentum Incoming!
Hello friends, today I bring you the 4hr chart of XRP where we can see bullish divergence and bullish price action near 0.175 support. I expect the divergence to play out shortly; the confirmation would be a breakout of the downtrading line and most importantly the resistance around 0.25. If the breakout happen, expect XRP to shoot up all the way to 0.38 resistance zone in the near term. This gives us 50%+ profitable trade if it works as planned!
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Good luck!
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Good luck!
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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.