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XRP: Bullish Uphill to $0.37

Where does the technical Analysis show XRP going to? 

Bullish

  • A double bottom on the higher time frames at $0.346 illustrates a positive bullish sentiment.
  • Market sentiment has been increasing week on week for XRP this coincides with News regarding Fundamental drivers in anticipation for the 30th of November 2018.
  • Volume has been decreasing, this could illustrate unanticpated volume that could see the day surpass the 15MA and close above the $0.37763.
  • Accumulation has started to spike at these levels.
  • MACD crossover with an increase could see $0.37
  • RSI Stochastic has illustrates that a dump has been stopped with a potential to retest the top of the range at $0.377

Bearish

  • It maybe likely that on the lower time frames that $0.346 could be retested.

Nouvive sees it MORE THAN LIKELY that XRP is going to retest the top of the range at $0.377 to retest several of the volume gaps there.

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2051

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