Mudrex

XRPUSD - Upward Trend Today. Price Technical Analysis #2

Long
Mudrex Updated   
BINANCE:XRPUSDT   XRP / TetherUS
Market in last 24 hrs
- XRPUSD price moved up gradually between $0.198 and $0.206
- Price at time of publishing: $0.2036

Today’s Trend analysis
Price should move upward today. Some oscillators are neutral but compared to yesterday more now have flipped to confirm upward momentum. Both MACD and RSI have to cross up 0 and 50 respectively, indicating that an upward momentum is gaining strength. CCI is close to 120.
Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto tokens. We are observing an increased trade volume and price volatility .
- Upward today
- ‘Oscillator‘ indicators arebiased towards buy side. RSI is at 54
- ‘Moving average‘ indicators are mixed. Ichimoku Cloud is neutral

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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.

DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.

Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .

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- Mudrex
Trade active:
XRPUSD market is trending down, following BTCUSD market.
We are now waiting for the last 4hr candle to close.
Trade closed: stop reached

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