XRP - Possible Paths
Trend - pump, ABC corrections, followed by consolidation and further price push.
Every push we have seen declining volume (buyers/sellers leaving the market or the hodl is real).
Daily RSI has been overbought since Dec 11th. 4 hour RSI has room either way.
However- Fundamentals + market euphoria are carrying XRP, and there are a ton of people waiting on the sidelines for the exchanges to let them in. It's completely possible to see another leg up or two, but we are overdue/nearing a correction or a very long consolidation period.
Every push we have seen declining volume (buyers/sellers leaving the market or the hodl is real).
Daily RSI has been overbought since Dec 11th. 4 hour RSI has room either way.
However- Fundamentals + market euphoria are carrying XRP, and there are a ton of people waiting on the sidelines for the exchanges to let them in. It's completely possible to see another leg up or two, but we are overdue/nearing a correction or a very long consolidation period.
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.