At D1, the cloud is directing upward, indicating an uptrend. The RSI moved down and the price found support on the Ichimoku cloud.
At H4, the cloud is directing downward, indicating a price correction at the D1 timeframe.
Besides, RSI is at the oversold level, which indicates the weakness of sellers.
We recommend buying XRPBTC when the RSI reaches the oversold level near the 50% Fibonacci level and take the profit near the level of 0.000032.
At H4, the cloud is directing downward, indicating a price correction at the D1 timeframe.
Besides, RSI is at the oversold level, which indicates the weakness of sellers.
We recommend buying XRPBTC when the RSI reaches the oversold level near the 50% Fibonacci level and take the profit near the level of 0.000032.
