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BTC.D is currently retesting above the ascending triangle pattern. A successful retest would confirm a bullish breakout, while a failed retest could indicate an impending correction. It's important to note that BTC.D typically moves inversely to the alts market cap. $BTC #TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO
⚠️🚨XRP bulls emerge: Is a rally towards $0.64 on the horizon?🚨⚠️
XRP has shown signs of a comeback, as it increased by 4% after a successful retest of the critical support of $0.5557.
The price action of XRP indicated a recovery from $0.5557, which had acted as a significant level of support and resistance for the previous price.
The retesting of this level as per the bullish scenario reinforces the intention of the bulls.
XRP had declined by 12% before the current bullish run. This building bullish momentum is a positive sentiment that may lure the big players into the market.
Source: TradingView
The stochastic RSI has recovered from below the boundary of an oversold zone, suggesting that any other increase in the price might be incoming.