Ripple moved in a very nice and predictable fashion, not too much not too little, just the perfect balance of price action.
We approached the $1.5 resistance, took a break just below it and then successfully pushed above it overnight with a lovely +12% candle.
Now we are consolidating nicely above the previous resistance, turning it into support which should propel us towards $2. Looking at this price action, I don't expect any massive pump, but a steady gain upwards.
Most likely, once we pass $2 is when crazy volatility will return, so until then, be patient and enjoy the steady gains.
The indicators remain bullish on XRP and on daily we're about to do a nice bullish cross on MACD which will set us up for some sustained gains in the future. XLM is also mirroring this price action. Good.
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We approached the $1.5 resistance, took a break just below it and then successfully pushed above it overnight with a lovely +12% candle.
Now we are consolidating nicely above the previous resistance, turning it into support which should propel us towards $2. Looking at this price action, I don't expect any massive pump, but a steady gain upwards.
Most likely, once we pass $2 is when crazy volatility will return, so until then, be patient and enjoy the steady gains.
The indicators remain bullish on XRP and on daily we're about to do a nice bullish cross on MACD which will set us up for some sustained gains in the future. XLM is also mirroring this price action. Good.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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đź“Ł Find more Alpha by joining Your Crypto Community:
🔹 Over 10,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 10,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Pubblicazioni correlate
Declinazione di responsabilitĂ
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.