Kai-FX

XRP bullish move up (despite SEC issues)

Long
FTX:XRPPERP   XRP Perpetual Futures
Despite the ongoing SEC allegations regarding XRP being a security, XRP has continued to slowly creep up even if the coin is lagging behind the rest of the market (price hasn't reached ATH since 2017)

Looking at the charts we are showing signs of a bullish hidden divergence on the RSI, with price printing a bullish trendline while RSI is printing a bearish trendline both with 3 touches. Price has also retested the support which was previously resistance at 0.4800 with a decent bounce off this level.
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.