Ripio Credit Network (RCN/BTC) Technical Analysis

LedgerFund Technical Analysis
LedgerFund
Published in
1 min readApr 5, 2018

As we can see from the 4H chart of Ripio Credit Network(RCNBTC) that the price is moving between trendlines. The 200 EMA is acting as a major resistance and the lower trend line is acting as a support.

In case the price crosses 200 EMA and the trend line is broken supported by volume, we can expect a bullish move.

The MACD is bullish and the RSI is forming Higher Low which is a Bullish Symbol.

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