EGRAG CRYPTO Sees XRP Reversal Setup After 11 Red Candles
Photo: TokenPost
EGRAG CRYPTO sees XRP (XRP)’s run of 11 red three-day candles as a possible turning point, but says the chart needs a completed green candle to confirm the signal. In a Nov. 4 post, EGRAG CRYPTO compared the chart pattern with a 2017-18 fractal. The chart uses Heikin Ashi candles, which average price data and can make trends easier to see by filtering short-term fluctuations. EGRAG marked horizontal levels at $0.98 and $1.65, as well as an upside zone at $1.42-$1.48 and downside areas at $1.13-$1.14 and $1.05-$1.07.
Source: TokenPost
