Ripple has signaled a bullish reversal.
Taking a look at the MACD in relation to price, there is a clear bullish divergence (illustrated on chart).
This is confirmed by the bullish crossing of the fast and slow EMA's (illustrated in circle).
Lastly, XRP is under value (illustrated by white line). This means we can expect XRP to rise to at-least the AVL which is sitting at around (0.80339).
These 3 signals serve as a good confirmation that XRP is a good long position to take at this time.
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Taking a look at the MACD in relation to price, there is a clear bullish divergence (illustrated on chart).
This is confirmed by the bullish crossing of the fast and slow EMA's (illustrated in circle).
Lastly, XRP is under value (illustrated by white line). This means we can expect XRP to rise to at-least the AVL which is sitting at around (0.80339).
These 3 signals serve as a good confirmation that XRP is a good long position to take at this time.
If you like my post and find them useful, please 👍 & FOLLOW for more.
thanks 😁
Trade closed manually:
closed in profit but didn't quite reach the AVL...