Dear,
In a bull market it is normal to see a 10, 20% pullback before the next impulsive wave.
It is a normal level for XRP to reject for now because we came near the ATH.
With the next test of ATH i believe we will move fast trough it.
My personal target for this bull run is 13 dollar. It can go higher but i believe the market will be overbought.
Currently the RSI levels are cooling of, the 1H and 4H oversold so i believe we will reverse soon.
Take care.
In a bull market it is normal to see a 10, 20% pullback before the next impulsive wave.
It is a normal level for XRP to reject for now because we came near the ATH.
With the next test of ATH i believe we will move fast trough it.
My personal target for this bull run is 13 dollar. It can go higher but i believe the market will be overbought.
Currently the RSI levels are cooling of, the 1H and 4H oversold so i believe we will reverse soon.
Take care.
Trade active
On the smaller timeframe (4H) we see a possible bullish divergence on the RSI.Which could mean that soon we reverse to the upside.
Note
So far so good.Note
Bullish structure on the daily.
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youtube.com/channel/UC_UP6XvTaTEKIapdM-aKzWA
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youtube.com/channel/UC_UP6XvTaTEKIapdM-aKzWA
twitter.com/TheChartingArt
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.