XRPBTC analysis
XRP is just coming out of an inverted head & shoulders and will likely follow the same pullback that BTC may see.
The shooting start at the end the inverted H&S was/is a good indicator that a downward trend is likely.
XRP will likely test weak support around 83k and depending on how BTC this week could very well break that support and test strong support around 81k.
RSI is approaching oversold levels and MACD is indicating a potential cross downwards. Not enough volume to sustain an upward trend.
This could be a good potential shorting opportunity.
The shooting start at the end the inverted H&S was/is a good indicator that a downward trend is likely.
XRP will likely test weak support around 83k and depending on how BTC this week could very well break that support and test strong support around 81k.
RSI is approaching oversold levels and MACD is indicating a potential cross downwards. Not enough volume to sustain an upward trend.
This could be a good potential shorting opportunity.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.