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CryptoColugo
Mar 23, 2022 1:19 PM

XRPBTC - Once this trendline breaks Β 

XRP / BitcoinBitfinex

Description

β‹…
Let's discuss this chart. We are at a very long resistance trend line and i believe that once we break this trend line we move up fast for about 150%.
When i draw a trend line the candle closes are for me the most important, the rest is a good extra.
When you take a look at this trend line then you can see that we have multiple candle and wick touches so i consider this to be a very strong resistance trend line.

From the moment XRP will have a settlement with the SEC this trend line will break hard and i believe buyers will have no time to step in at a cheap price.

Time will tell but to me it seems this is a ticking time bomb

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