im betting on the bulls here to form a nice cup - handle and push xrp close to the moon again....
the ichimoku cloud acts as support..
on a 2h timeframe we already broke the cloud that acted as resistance...
the war with the bears is not won yet.. we still could form a right shoulder which means we have to re-evaluate the chart and hope for o strong rebounce from the lower support line...
we well know in a few hours :-)
good luck, have fun !
the ichimoku cloud acts as support..
on a 2h timeframe we already broke the cloud that acted as resistance...
the war with the bears is not won yet.. we still could form a right shoulder which means we have to re-evaluate the chart and hope for o strong rebounce from the lower support line...
we well know in a few hours :-)
good luck, have fun !
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aaand we bounced.. let's see if XRP is going to retest the support level again and forms a nice double bottom... i don't care much about the h&s because we are not in a longer uptrend and far away from a market top...