Ripple, Apecoin & Ethereum — Asian Wrap 05 October

XRP price consolidates within an ascending parallel channel. RIpple price shows less volume than the previous bull run, while the Relative Strength Index shows resistance. Invalidation of the countertrend thesis is a breach above $0.51.

ApeCoin price shows resistance under two crossing moving averages. APE price shows a tapering look on the Volume Profile pattern but breached extremely oversold territories on the Relative Strength Index. Invalidation of the bear trend remains at $6.15.

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