XRPUSD TECHNICAL ANALYSIS ON H4 TIMEFRAME
Publish Date : 2019/10/30 - 05:25

XRPUSD TECHNICAL ANALYSIS ON H4 TIMEFRAME


XRP might be in for a reversal from its selloff as price formed a double bottom pattern and looks ready to test the neckline at 0.3100. Climbing past this resistance level could spur a rally that’s the same height as the reversal formation.

Technical indicators are giving mixed signals as the 100 SMA is increasing its lead above the 200 SMA but stochastic is already turning lower from the overbought zone.

Source:babypips

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