XRP is Under Pressure From a Descending Trend line: Analyst
- EGRAG CRYPTO has provided insight into the XRP price’s development.
- A crucial pattern on the XRP daily chart is influencing traders’ sentiments.
- There are possibilities that could lead to a bullish trend based on technical indicators.
A renowned crypto analyst known as EGRAG CRYPTO on X has provided insight into the XRP price’s development. EGRAG observed a crucial pattern influencing traders’ sentiments, noting the possibilities that could lead to a bullish trend based on technical analysis.
#XRP Short Term Analysis-Daily TF (UPDATE):
— EGRAG CRYPTO (@egragcrypto) September 15, 2023Check out the September 4th, 2023 post on @egragcrypto to see how the DTL 'A' (Descending Trend Line) is acting as a strong resistance level! https://t.co/yVUUEG55AN
A) DTL 'A' (Descending Trend Line) is a key indicator,… pic.twitter.com/MWkBjXJovY
EGRAG identified two descending trend lines on the XRP daily chart that have posed significant resistance to the price. The crypto analyst described the descending trendlines as DTL ‘A’ and DTL ‘B’, with DTL ‘A’ representing the descending trend line closest to the XRP price at the time of the analysis.
According to E…
The post XRP is Under Pressure From a Descending Trend line: Analyst appeared first on Coin Edition.
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XRP is Under Pressure From a Descending Trend line: Analyst
- EGRAG CRYPTO has provided insight into the XRP price’s development.
- A crucial pattern on the XRP daily chart is influencing traders’ sentiments.
- There are possibilities that could lead to a bullish trend based on technical indicators.
A renowned crypto analyst known as EGRAG CRYPTO on X has provided insight into the XRP price’s development. EGRAG observed a crucial pattern influencing traders’ sentiments, noting the possibilities that could lead to a bullish trend based on technical analysis.
#XRP Short Term Analysis-Daily TF (UPDATE):
— EGRAG CRYPTO (@egragcrypto) September 15, 2023
A) DTL 'A' (Descending Trend Line) is a key indicator,… pic.twitter.com/MWkBjXJovY
EGRAG identified two descending trend lines on the XRP daily chart that have posed significant resistance to the price. The crypto analyst described the descending trendlines as DTL ‘A’ and DTL ‘B’, with DTL ‘A’ representing the descending trend line closest to the XRP price at the time of the analysis.
According to E…
The post XRP is Under Pressure From a Descending Trend line: Analyst appeared first on Coin Edition.
Read More