XRP Potential Breakout of long descending resistance

23 gen 2023XRP 3 Day trading above the 8EMA
Bullish potential breakout
Stoch RSI needs to reset, retest the descending line and we potentially move to $0.95
RSI has some room to move!
XRP

25 gen 2023

Commento

Daily candle closed back in the pattern, still a bullish pattern but XRP has some work to do before a proper breakout. 23 Jan is New Moon - this is normally a bullish energy, moving in to the Full Moon, this is traditionally a bearish energy.
Watching BTC for some signs and BTC shows some bearish divergences on lower time frames and the Stosch RSI needs to cool down on the weekly.
Bull market is still intact but it will take some side ways action to solidify our supports