XRPUSD - Choppy/Sideways Today. Price Technical Analysis #7

Market in last 24 hrs
- As predicted in previous analysis, XRPUSD price consolidated. Market moved by ~2.5%, between $0.2031 and $0.2061
- Price at time of publishing: $0.2056

Today’s Trend analysis
Price should continue sideways trend today. Most of the Oscillators are neutral. MACD histogram is almost 0. RSI is at 57 and CCI at 98, both higher compared to yesterday. Overall neither bulls nor bears have enough strength to drive the market up or down.
- Choppy/Sideways today
- ‘Oscillator‘ indicators are mostly neutral. RSI at 57
- ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral

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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.

DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.

Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .

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- Mudrex