XRP has strong divergence. Price does not wanna go below $0.90. As you can see in chart, even though price dropped from 0.95 to 0.90 RSI increased from 23.5 to 30
You can wait until 0.236 Fibonacci level to reach at price 0.99 as another indicator verification. For a strong verification you can wait to buy until price reaches at 0.382 Fibonacci level at price 1.06
NOTE: I am not a professional day-to-day trader. These are my personal opinions and do not buy only by depending on these analysis.
Happy trading...
You can wait until 0.236 Fibonacci level to reach at price 0.99 as another indicator verification. For a strong verification you can wait to buy until price reaches at 0.382 Fibonacci level at price 1.06
NOTE: I am not a professional day-to-day trader. These are my personal opinions and do not buy only by depending on these analysis.
Happy trading...
Commentaire:
Bears may try to pull down once again (as happened on 01/16 and 01.17) so we can expect to see 0.90 price level again soon. If bears succeeds to keep the price once again (which is most likely because purchasing volume was too high in that support point), then an upwards trend is likely.
Ordre annulé