Today we overview XRP/BTC

By amirhuda | Today we overview XRP/BTC | 17 Oct 2019


The formation is very similar to an ascending wedge , for which the target is a breakout the support line, this is also in accordance with the strong bearish divergence by RSI .
But there is also an another side where XRP is on a good bullish wave and not so far we can observe the upcoming first global zone of resistance.Also, BTC Domination is falling and we can expect growth of Altcoins in the near future.

The first resistance zone ~ 0.00004080
The second resistance zone ~ 0.00005650
The volume resistance zone ~ 0.00004900

 

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GOOD LUCK AND LOTS OF PROFITS !!

Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.

 

XRP/BTC 12H

351665157-cbc8853e6470011b4189e67432a4fb883155ec5faae0a13401d928c8b954d96a.png

LTC/USD 1D

351665157-cbc969e15d50f436dfe8b1b6c1c688594bc3f7789efadb874a852888425ffcd4.png

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amirhuda
amirhuda

I am a crypto lover


Today we overview XRP/BTC
Today we overview XRP/BTC

The formation is very similar to an ascending wedge , for which the target is a breakout the support line, this is also in accordance with the strong bearish divergence by RSI .

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