Right Its Look like that its holding Trend line support Area .
With the help of S&R We have find some targets and Stop loss Area
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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This is a 1D chart of a xrp . here we can se that the fib 0.786 is present at the 57xx level and the pitchfork support is also present at same level so it is good point to long xrp.
also we can see that in the chart that there is divergence in the RSI which is also showing that we are on the verge of reversal . Also the rsi is currently at the lowest point of all...
Though I am bullish for xrp in mid to long term but I can see a small correction in next couple of days.
the major structure is still a bullish falling wedge , but the immediate weakness in bitcoin is kind of being reflected in xrp too.
feel free to share your opinion in comments section.
All the best!
XRP is the star coin in last time when it has strong pump and accumulation for a time before next pump in last several days.
XRP has come to target C as last chart in here:
Now it correction and occur bullish flag pattern at this time.
We will wait XRP up the pattern guys
GUYS YOU CAN LONG XRP NOW AS WE CAN SEE THAT....
* MA 18 LAST 3 HAVE CLOSED ABOVE IT.
* EMA 7 HAS CROSSED EMA 30
* AND PRICE OF LAST TWO CANDLES ARE ABOVE EMA 7
THESE POINTS INDICATE GOOD BUYING OPPURTUNITY OF RIPPLE.