Not exact matches
Monero is still consolidating its recent gains, and the coin remains in a strong
short - term uptrend despite the
relative weakness during the weekend.
Ripple is still trading in its prior ranges in both the USD and the Bitcoin pair, as the long - term consolidation patterns still dominate trading in the coin.The declining
short - term trend is intact, just as in the case of ETH and BTC, and the MACD indicator is neutral on both charts, without XRP showing nor
relative weakness or strength here, leaving the technical setup unchanged.
Simultaneously being positioned long in a stock or ETF with
relative strength to the broad market and
short a position wth
relative weakness is a low - risk way to play the market while it remains in «no man's land.»
This would provide us with a valid
short entry point because its current
relative weakness would indicate a resumption of downward momentum if that happens.