New Trends of XRP Currency
This chart shows the trend of XRP against USDT in 4 hours. It looks like a symmetrical triangle, which means that it is about to break through. The price is gathering momentum now and is ready to rush in any direction. The higher the triangle tip goes, the less trading volume there is. I tell you, XRP has risen a lot, but it is not over yet, and it will rise more in the future.
Take a look at the XRP chart again. On the weekly chart, oops, there is a bullish cup handle breakthrough. The price went back to try the resistance at 1.04T USD. Now it has become support, and the price has to rise. The Bollinger Bands are also wider, indicating that the volatility is large. The stochastic RSI is 90.75, which is quite strong, but it is a little overbought. The RSI divergence indicator is 71.59, which is also above 50, and it looks quite rising. The trading volume also supports continued growth, which makes W Coin more bullish.
There is also the chart of BTC.D. Bitcoin's dominance has fallen from the rising channel, and altcoins may rise. When the channel support is tested again, the bearish breakout is confirmed. The stochastic RSI is only 8.65, which is oversold. The decline should take a break in the short term. The RSI diverges from the indicator 50.20 and is hovering at the neutral level, indicating that the dominance is weak. The Bollinger Bands are also wide, and the volatility is large. If the dominance drops to 42% again, the altcoin will rise, and W Coin will also have a chance to break through.
Entry price, 2.3984 or market price is fine. The first target price is 2.4719, the second target price is 2.5926, and the third target price is 2.6012.
For the next layout direction, I will lead everyone to aim at the profit opportunities of altcoins, especially those projects with great potential. There is no problem with the expected space of more than 10 times. If you want to make a lot of money in the bull market, like + leave a message, and I will lead you to layout the entire bull market!
