XRP/USD Race Triggered in 3h TF. Downward pressure.
XRP/USD is showing signs of downward pressure in the 12min, 23min, 45min, & 90min as well as the 3h now. Currently in a race with the white energy in the 3h vs the RED RSI in the 6h TF. Question to ask is: "Can the white energy in the 3h TF close above the 50 level before the RED RSI in the 6h can CROSS below the 50 level.
I will provide updates for this race on this publication.
I will provide updates for this race on this publication.
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Keep in mind that just because we have downward pressure does NOT mean price action must go down significantly. Do NOT assume that. Price action can trade sideways in a trading range.
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Update on Race between white energy in 3h and RED RSI in 6h. XLM/USD 3h lost, 6h also lost. Will XRP/USD do the same?
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Downward pressure continues.
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Could this be bottom? Bearish IMO.
This is NOT financial Advice and I am NOT a financial adviser. This is my opinion based off of my knowledge of using these indicators.
