Analyzing the weekly chart for $XRP reveals intriguing insights:
At the current price of $0.61, $XRP is quietly ascending in the weekly chart, characterized by higher highs and higher lows.
Observing the "BOLLINGER BAND," candles are positioned proximate to the upper trend line, suggesting a potential dip.
With the current "STOCHRSI" at #91, a slight downturn is anticipated within weekly boundaries, presenting an opportunity to accumulate.
The "RSI" stands at #57.9, indicating room for upward movement. Waiting for it to dip below 50 could present an opportune moment to increase holdings.
A disclaimer is imperative: Predicting future movements is inherently uncertain, relying on Technical Analysis (TA) assumptions augmented by indicators and market dynamics.
Exercise caution by employing Stop Loss (SL) measures.
I welcome discussions for those interested.
