$XRP
1,3781 touching DN 1,3783 + RSI 27 Oversold! Time to buy the dip?
$XRP Update across 2 timeframes - back at the bottom!
4H - At DN + Golden Cross starting
Price at 1,3781, right at DN 1,3783. The Oct 10 low at 1,3189 has already bounced.
MACD: DIF -0,0081 is close to crossing DEA -0,0097 + green histogram 0,0016 = early bullish signal! Sellers are starting to run out.
RSI 29,37 = OVERSOLD (<30). This is a buy opportunity zone, like in yesterday's RSI lesson.
Resistance: MB 1,4007 and UP 1,4230
1H - Deeply Oversold
Price at 1,3782, touching DN 1,3661. Very low.
RSI 27,43 = deeply OVERSOLD! 1H sellers are getting tired, so rebound potential is high.
MACD is still red at -0,0187 + DIF -0,0055 below DEA 0,0132 = still bearish, but it's already at the bottom.
Strong support: DN 1,3661
XRP SETUP FOR TODAY:
BUY - Most Attractive (70% chance of a bounce):
Entry: 1,3701 - 1,3783 (24-hour low + 4H DN)
TP1: 1,4007 (4H MB) = +1,6%
TP2: 1,4230 (4H UP) = +3,2%
TP3: 1,4752 (1H MB) if bullish momentum is strong
SL: 1,3189 Oct 10 low = -4,2%
SELL - Not Yet:
Don't sell while oversold. Wait for a rejection at 1,4230, then scalp sell.
FORMULA: XRP RSI 27-29 across 2 timeframes = a discount. As long as it holds above DN 1,3661, target a bounce to 1,40 - 1,42.
Are you buying the dip on XRP at 1,37 or waiting for 1,31?
#XRP #Ripple
1,3781 touching DN 1,3783 + RSI 27 Oversold! Time to buy the dip?
$XRP Update across 2 timeframes - back at the bottom!
4H - At DN + Golden Cross starting
Price at 1,3781, right at DN 1,3783. The Oct 10 low at 1,3189 has already bounced.
MACD: DIF -0,0081 is close to crossing DEA -0,0097 + green histogram 0,0016 = early bullish signal! Sellers are starting to run out.
RSI 29,37 = OVERSOLD (<30). This is a buy opportunity zone, like in yesterday's RSI lesson.
Resistance: MB 1,4007 and UP 1,4230
1H - Deeply Oversold
Price at 1,3782, touching DN 1,3661. Very low.
RSI 27,43 = deeply OVERSOLD! 1H sellers are getting tired, so rebound potential is high.
MACD is still red at -0,0187 + DIF -0,0055 below DEA 0,0132 = still bearish, but it's already at the bottom.
Strong support: DN 1,3661
XRP SETUP FOR TODAY:
BUY - Most Attractive (70% chance of a bounce):
Entry: 1,3701 - 1,3783 (24-hour low + 4H DN)
TP1: 1,4007 (4H MB) = +1,6%
TP2: 1,4230 (4H UP) = +3,2%
TP3: 1,4752 (1H MB) if bullish momentum is strong
SL: 1,3189 Oct 10 low = -4,2%
SELL - Not Yet:
Don't sell while oversold. Wait for a rejection at 1,4230, then scalp sell.
FORMULA: XRP RSI 27-29 across 2 timeframes = a discount. As long as it holds above DN 1,3661, target a bounce to 1,40 - 1,42.
Are you buying the dip on XRP at 1,37 or waiting for 1,31?
#XRP #Ripple