XRPUSD; consolidating
Aside from the large lower shadow on the chart on April 24th (misprint or fat fingers?) this market is consolidating recent gains while holding dips to the Bollinger Bands midline (around 0.7600 today).
With the RSI hanging around neutral levels and the Bollingers getting closer together this may be a sign another attack toward 0.9350 resistance may be in the making. Could see a bit more sideways and maybe another dip toward 0.7200 but expectations are the path north will resume after that where 1.2200 is the next more critical level.
With the RSI hanging around neutral levels and the Bollingers getting closer together this may be a sign another attack toward 0.9350 resistance may be in the making. Could see a bit more sideways and maybe another dip toward 0.7200 but expectations are the path north will resume after that where 1.2200 is the next more critical level.
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