XRP Price has recently shown a downtrend where it is noted the lowest low at the 0.1785 level but this can not be the lowest low already because XRPUSD can show more decline. XRPUSD is trading in a possible descendingformation which is certainly a the reversal that can show to the upside with good potential.
XRP Price Analysis: 4 Hr Chart
For now, XRPUSD is still trading below the 55 and 20-EMA which is morebut this can definite change when XRP comes above the EMAs and also confirm the .
Thebounced from the oversold condition upwards now this shows that the has room to move higher and visit the overbought condition areas. The has formed a crossover which is a sign, after XRPUSD has shown more potential in the next time it has to look up if the confirms.
- TREND: Downward/sideway/
- EXPECTATION: confirmation
- TREND AFTER EXPECTATION: Upwards
- PREV: 0.18269
- OPEN: 0.18278
- VOLUME: 999.466K
- DAY’S RANGE: 0.18130 — 0.18356