Technical Analysis of Intraday Price Movement of Ripple Cryptocurrency, Friday, July 14 2023.
July 14, 2023 7:26 am
On the daily chart for Ripple Cryptocurrency, you can see that the CCI indicator has managed to penetrate above three levels -100, 0, & 100. This indicates that the bull momentum is quite strong, even though it is currently stuck in the Bullish Fair Value Gap (Cyan Box) level area 77.11 – 64.16 where this level acts like a support level area where as long as Ripple does not experience a significant downward correction below the 61.11 level, Ripple has the potential to rally up to the 93.76 level.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
On the daily chart for Ripple Cryptocurrency, you can see that the CCI indicator has managed to penetrate above three levels -100, 0, & 100. This indicates that the bull momentum is quite strong, even though it is currently stuck in the Bullish Fair Value Gap (Cyan Box) level area 77.11 – 64.16 where this level acts like a support level area where as long as Ripple does not experience a significant downward correction below the 61.11 level, Ripple has the potential to rally up to the 93.76 level.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
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