XRP momentum setup (end of 2019)
Hello all!
AS you can see, there is a descending triangle unfolding in front of our eyes, and the climax zone (red) is surely approaching. Momentum will arrive and all of our desires will come true.....
Anyways, a solid breach over the yellow line in this triangle could set up a massive move to the upside. But, the whole setup is dependent on XRP holding above 0.25.
If the price moves below 0.25, then a move down to around 0.12 could be very possible. But, at that price, people would buy like crazy and the price could gain a strong bullish reversal from there. If you pull up the XRP/USD poloniex chart, then you will see what I'm talking about.
Bada
AS you can see, there is a descending triangle unfolding in front of our eyes, and the climax zone (red) is surely approaching. Momentum will arrive and all of our desires will come true.....
Anyways, a solid breach over the yellow line in this triangle could set up a massive move to the upside. But, the whole setup is dependent on XRP holding above 0.25.
If the price moves below 0.25, then a move down to around 0.12 could be very possible. But, at that price, people would buy like crazy and the price could gain a strong bullish reversal from there. If you pull up the XRP/USD poloniex chart, then you will see what I'm talking about.
Bada
Xavier Zeppelin III
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.