XRP, EOS, Enjin Coin Price Analysis: 22 December
XRP seemed to lead the recovery phase after an impressive run but saw a pullback after a bearish divergence from the $.95-mark. EOS finally broke out of the symmetrical triangle but could not back it up with strong bullish technicals.
On the other hand, Enjin coin saw a dip after crossing the $2.5-level as its RSI poked the overbought region.
XRP
Source: TradingView, XRP/USDT
As observed in the previous article, XRP broke out of the ascending triangle and formed a rising broadening wedge in the 4-hour timeframe. The alt saw a 22.09% ROI in just six days. With this incline, Ripple’s XRP crossed the crucial two-week resistance (now support) at the $0.88-mark.
The alt saw a pullout after a bearish divergence transpired between the price action and
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