XRP Bottom?
Bottom trend line holding. Bullish divergence. Expect a higher low to be made forming a minor wave 1,2 (or an 'inverse head & shoulders') breaking out of this wedge within the coming week or so.
Note
On the lower time frames there appears to be a 'double bottom' on the RSI + an even shorter term bullish divergence.Note
Adjusted bottom trend line. Xrp never broke down with much vigour, hence why my lower trend line was slightly off.Would like to see a big break out of the top trend line soon though.
Note
Taking a look at the wave count and fibonacci levels.
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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.