XRP Shows a Bullish Engulfing After a Recent reversal Hammer
Huobi will soon be starting to list XRP contracts on the Huobi Derivative Market.
More exchanges have already added XRP and even used it as a base pair.
Currently, Ripple is priced at 0.30637.
In technical analysis, on the daily timeframe, last Tuesday’s trading has created a strong bullish engulfing after a reversal hammer. We can also see a potential small Elliot wave and possible a small ABC Correction.
Meanwhile, StochRSI showing a rebound after the price reached the over sold territory.
0.3200 Max resistance
0.2906 Max support
Sentiment is neutral.
More exchanges have already added XRP and even used it as a base pair.
Currently, Ripple is priced at 0.30637.
In technical analysis, on the daily timeframe, last Tuesday’s trading has created a strong bullish engulfing after a reversal hammer. We can also see a potential small Elliot wave and possible a small ABC Correction.
Meanwhile, StochRSI showing a rebound after the price reached the over sold territory.
0.3200 Max resistance
0.2906 Max support
Sentiment is neutral.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.