XRP down to 1400sats!? for BINANCE:XRPBTC by GazCryptoMob

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trendanalysis chartpattern xrp xrpbtc btc

XRP/ BTC has been in a massive bearish trend since December 2018 when it was trading at around 10,000sats. As can be seen by the chart the price is far from that now! Price has failed 4 times to break the Weekly Resistance of 2231sats and now finally looks set to head lower, creating a 4th successive Lower High and potentially Lower Low. The next Weekly Support at 1400sats represents the last HTF Support for XRP/ BTC and if that is lost price will be setting ATL's. This may take a while to play out but my buy orders have plenty of patience.....

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Nah it formed a reverse head and shoulders, if btc didn't move, XRP would have been in the 2500 area by now. It's gonna take off soon, bottom was reached

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if that's what you wish then well

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I personally do not believe in chart patterns such as H&S etc. I like to keep it simple and use S&R exclusively. I agree with you that XRP will take off soon but I believe we will see 1500/1400sats first. Watching to see if it plays out is all part of the fun :)

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XRP down to 1400sats!?

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