XRP Gold! What a technical play!
Was looking for a 1.03-1.04 entry with 1.07 solid support and it came true. Look how the trendlines drawn weeks ago still come back in play as the market moves and corrects in the continued uptrend. Will need to watch closely to see if recovery comes on Wednesday - 67% chance to be green over the last 45 weeks based on a DAYOFTHEWEEK indicator I pulled from someone posting it publicly. That indicator has been rock solid over the past 2 months in conjunction with other variables.
4Hr is sitting at the danger zone for oversold, expecting relief through the daily close. Funding Rates have gone down meaning shorts have come back in from the 1.07-1.35 run.
4Hr is sitting at the danger zone for oversold, expecting relief through the daily close. Funding Rates have gone down meaning shorts have come back in from the 1.07-1.35 run.
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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.