Yesterday i have analysis on XRP about "W" pattern (you can see in my profile), and they have successfully making perfect "W" with very long right leg.
So what next? I dont know, and nobody in this world will know :)
but i little thought about this situasion, there is 2 situation:
1. If XRP decided to fall , it will meet 2 support line ( blue line and green line) . for me , i think, blue support can hold it very nicely. As you can see blue support very very strong support . So if XRP decided to fall it will go around 0.000103-0.000106 area. So if you already make profit , you can set this area to make a good buy.
2. IF XRP decided to rise again , it will test first resistance ( red line) and if they can break it , it will go through ,until they meet second resistance (purple line) around 0.00017800-0.00018000.
So what will your decission , its up to you guys. But for me , as i already said yesterday , i will make long to all cryptospace! and my target for xrp more than $1 in the end of the year.
But always stay safe with all your investment!
So what next? I dont know, and nobody in this world will know :)
but i little thought about this situasion, there is 2 situation:
1. If XRP decided to fall , it will meet 2 support line ( blue line and green line) . for me , i think, blue support can hold it very nicely. As you can see blue support very very strong support . So if XRP decided to fall it will go around 0.000103-0.000106 area. So if you already make profit , you can set this area to make a good buy.
2. IF XRP decided to rise again , it will test first resistance ( red line) and if they can break it , it will go through ,until they meet second resistance (purple line) around 0.00017800-0.00018000.
So what will your decission , its up to you guys. But for me , as i already said yesterday , i will make long to all cryptospace! and my target for xrp more than $1 in the end of the year.
But always stay safe with all your investment!
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look like they broke black line support , and i found very nice long term triangle , maybe (just maybe) they will playing up and down until they reach narrowing triangle (on 15 -17 june) then started to the moon . i hope so :)