XRPpage 11

Coin · XRP · 2543 articles
Share

Coverage, page 11

page 11 of 128

XRPUSD: Could make a new low before Bull Cycle starts.

XRP is neutral on its 1W technical outlook (RSI = 52.318, MACD = -0.066, ADX = 23.091) as it got rejected last week on the 1W MA50. This is critical as that level is the natural Bear Cycle Resistance and historically the Bull Cycle starts only after it breaks. This 6 year Rising Wedge shows also that all long term corrections bottomed just after the 1W MA450 was touched. This indicates that as long as the 1W MA50 holds, XRP can drop to its 1W MA450. Fair TP = 0.8600. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##

TITradingView Ideas15 Sept