XRP has broken the falling wedge: great bull run is coming!

in #xrp6 years ago (edited)

Hourly chart:

Here you can see that bullish breakout was confirmed and Stochastic RSI does its reversal to the North

4hour chart is also looks bullish: the price almost managed to get above middle line of Bollinger Bands and Stockhastic RSI
also looks good for buyers:

Daily chart, hovewer, is not such optimistic for bulls, todays doji candle at the upper line of the falling wedge propose to wait for some more confirmations for conservative traders.

But, take a look at the Stochastic RSI at this last chart, it was at the bottom for rather long period of time. So I hardly believe bears have enough power to stop the price from the upward movement :)

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