1.618 Fibonacci target at $26. XRP is currently holding a gold pocket (0.618-0.65) retracement from 3/1/20 to 6/1/22.
Stoch RSI is low on this time frame (monthly). I added a few trend lines, not sure if it means anything but I noticed it. Question mark is hinting potentially the SRSI may hit resistance here? Doubt it, idk.
RSI is in a typical range for this time frame to be considered oversold. I also added a green trend line which is similar to the green SRSI trend line.
William's percent range is oversold and getting tight.
Price has a long line of support, which forms part of the symmetrical triangle (in yellow, bit hard to see) and is extended out with a dashed line. Potential bull flag in blue. A green cup and handle has also formed.
Is $26 possible for XRP? Only time will tell.
Stoch RSI is low on this time frame (monthly). I added a few trend lines, not sure if it means anything but I noticed it. Question mark is hinting potentially the SRSI may hit resistance here? Doubt it, idk.
RSI is in a typical range for this time frame to be considered oversold. I also added a green trend line which is similar to the green SRSI trend line.
William's percent range is oversold and getting tight.
Price has a long line of support, which forms part of the symmetrical triangle (in yellow, bit hard to see) and is extended out with a dashed line. Potential bull flag in blue. A green cup and handle has also formed.
Is $26 possible for XRP? Only time will tell.
Commentaire:
Purple cup and handle*