We've seen Ripple holding the price along the upwards sloping purple trendline established awhile back. The bounce today helps to preserve this trendline as a support for XRP moving forward.
Traditionally, a bounce from the trendline has given a relatively strong rally in the days following it's bounce. RSI is also looking to reverse on the daily charts similarly with a support line on the Daily RSI.
In addition, Bitcoin is looking relatively stable. As long as we don't see a major dump on BTC, I believe this Ripple rally should continue in the short term(several days).
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.