XRP Golden Cross Potential Looks To Add Bullish Momentum On 1HR
XRP 1 HR CHART
Nice bottom formation has played out finding support on the bottom of our pitchfork with wicks drawing down to test the .786 fib level. Following the relative low was a nice breakout with good volume. Price was then held down by the 100 day MA which is has now broken above. Coinciding with that breakout, price is now above the 1.0 Fibonacci extension. If we can find support above the 1.0 extension I would expect to target the 1.618 around 0.36 cents. The chart is pointing towards next week.
DTCC Live February 24th. A one day early birthday gift for me I guess ;).
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My Personal Speculation & OpinionNot Financial Advice.
Link To Same Chart On Daily Timeframe
Nice bottom formation has played out finding support on the bottom of our pitchfork with wicks drawing down to test the .786 fib level. Following the relative low was a nice breakout with good volume. Price was then held down by the 100 day MA which is has now broken above. Coinciding with that breakout, price is now above the 1.0 Fibonacci extension. If we can find support above the 1.0 extension I would expect to target the 1.618 around 0.36 cents. The chart is pointing towards next week.
DTCC Live February 24th. A one day early birthday gift for me I guess ;).
If You Enjoy My Content Please Comment & Like I Appreciate Your Insight & Interest.
My Personal Speculation & OpinionNot Financial Advice.
Link To Same Chart On Daily Timeframe
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