XRP Shape Analysis:
Candlestick Pattern: The candlestick pattern in the last hour shows an upward trend, with the closing price close to the highest price, indicating strong buying power. The candlestick pattern in the previous hour showed a slight pullback but did not break below the previous low, indicating that the support level is effective.
Technical Indicators:
MACD: Both DIF and DEA are above the zero line, and the MACD histogram shows an upward trend, indicating strengthening bullish momentum. RSI: The RSI value is close to 60, indicating that the market is in a moderately strong neutral state and has not entered the overbought zone. EMA: The short-term EMA7 has crossed above the medium-term EMA30, and the price is running above the EMA7, indicating an upward short-term trend.
Trading Volume:
The trading volume in the last hour has significantly increased, along with the price rise, indicating active buying. The trading volume in the previous hour decreased, but the price did not fall sharply, showing limited selling pressure #Xrp🔥🔥