š $XRP 4H: sitting right on support
XRP is at 1.2971 (-3.55%) after getting rejected near 1.3534 (the 24h high). The 24h low is 1.2891.
š Support: 1.2891, then 1.2840 (recent low)
š Resistance: 1.3088, then 1.3534, then 1.4300
š RSI(6) at 28: oversold territory
š MACD: DIF -0.0170 / DEA -0.0167, below zero and flat
ā Bullish: holds 1.2840 and reclaims 1.3088
ā Bearish: a 4H close below 1.2840 opens more downside
$XRP
Oversold can bounce, but it can also stay oversold. Does 1.28 hold? š
$XRP
Not financial advice. Manage your risk.
#xrp #Ripple #TechnicalAnalysis
XRP is at 1.2971 (-3.55%) after getting rejected near 1.3534 (the 24h high). The 24h low is 1.2891.
š Support: 1.2891, then 1.2840 (recent low)
š Resistance: 1.3088, then 1.3534, then 1.4300
š RSI(6) at 28: oversold territory
š MACD: DIF -0.0170 / DEA -0.0167, below zero and flat
ā Bullish: holds 1.2840 and reclaims 1.3088
ā Bearish: a 4H close below 1.2840 opens more downside
$XRP
Oversold can bounce, but it can also stay oversold. Does 1.28 hold? š
$XRP
Not financial advice. Manage your risk.
#xrp #Ripple #TechnicalAnalysis