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"Long Setup" Short-Term View on XRP (Ripple) by ThinkingAntsOk

Long
XRP (BITFINEX:XRPUSD)  
ThinkingAntsOk  
BITFINEX:XRPUSD   XRP
Trend Lines Multiple Time Frame Analysis Support and Resistance xrp xrpusd ripple rippleusd Cryptocurrency crypto
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trendline mtfa supportandresistance xrp xrpusd ripple rippleusd cryptocurrency crypto
1H Chart Explanation:

- Price is on a range.
- It bounced on a Support Zone and is currently on a Descending Wedge.
- Bullish Divergence on MACD.
- If price breaks the Descending Wedge, it has potential to move up towards the top of the range, to the 4H Descending Trendline at 0,46573.

You can check our previous analysis on XRP and our Top and Bottom View on the Related Ideas.

Updates coming soon!

Idées en relation

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"Long Vision" XRP (Ripple) breaking up the Descending Channel?
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"Short Term Setup on Ripple (XRP)" Trade Idea by ThinkingAntsOk
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"Top and Bottom Analysis" XRP/USD (Ripple) by ThinkingAntsOk
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