RIPPLE: WEEKLY SCENARIO
RIPPLE Technical Analysis: Weekly Chart
In the weekly charts, RIPPLE is trading in an up channel. RIPPLE is currently trading above all SMA except MA (5).
RSI is in the buying zone which indicates bullishness. MACD is currently below zero which indicates bearishness.
Its immediate support is 0.446140 the resistance level is at 0.80000
RIPPLE will trade in an up channel until there is a trend reversal.
RIPPLE Technical Analysis: Daily Chart
In the daily charts, RIPPLE is trading in a down channel. RIPPLE is currently trading below all SMA except MA (5)
RSI is in the neutral zone which indicates neutralness. MACD is currently below zero which indicates bearishness.
Its immediate support is 0.44500 the resistance level is at 0.80000
RIPPLE will trade in a down channel until there is a trend reversal.
How to Trade RIPPLE this Week:
RIPPLE will follow the uptrend until its trend reversal. So, remain bullish on RIPPLE. However, if it breaks the support level go bearish.
