XRP, NEAR, Gala Price Analysis: 20 January - Aliens: AI Crypto News & Markets Updates
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XRP, NEAR, Gala Price Analysis: 20 January

PublisherPublisher
AMB Crypto

Thu, Jan 20, 2022

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Aliens TLDR

XRP bounced back from its five-month support after its CMF formed a bullish divergence with price.

Furthermore, GALA saw a reversal pattern on its 4-hour chart while flashing bearish near-term technical indications.

On the other hand, NEAR slowed down but found strong support at the $16.4-mark.

Then, as the sellers defended the $0.8029-level, the alt marked lower peaks while keeping the 61.8% support.

After finally losing the support at the golden level, the bulls stepped in at $0.7292-mark (five-month support) and eased the selling sentiment.

As the bulls ensured the $13.2-mark support, NEAR saw a down-channel (white) breakout on 10 January.

Since then, it saw a pullback but found support at the $16.4-mark.

After testing the 61-mark for six days, the RSI finally took a sharp 30 point plunge to test the 33-level support thrice in the last two days.

Now, the RSI saw a bullish divergence (white trendline) with the price as it tried to sustain a close above 38.

Since touching its ATH on 26 November, GALA persistently marked lower peaks and troughs while losing the 50%, 61.8% Fibonacci support.

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