Technical analysis by tradewidmufeeth about Symbol XRP on 12/6/2023
https://sahmeto.com/message/3311882

tradewidmufeeth
Rank: 1551
Analytical Power:
2.6

XRP has been consolidating for a while and gets ready for a good move, Any Move with a close outside the consolidation range with a relatively significant volume is something to look out for.SMA 25/150 also signifies a bullish sentiment in the near term.Long and Short positions would be a good idea on retesting the consolidation area.The Settlement, Market Fundamentals, and Overall Crypto Market Mood should also be considered before any action.Note: Not Investment/Trading Advice. Purely Personal Views. DYOR Before investing or trading. Not responsible for P&L arising out of this idea.
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Signal Type: Neutral
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