☄️Sure I don't have say much to give you guys an idea of how crazy things went yesterday with XRP being crypto's biggest gainer leading altcoin's and boosting itself up a staggering 30% to meet and give a quick high five to it's 0.50 cent friend!
☄️I still haven't added any new markers or lines from the previous idea so all of these lines we've got are historical and real resistance and support points that you guys should keep noted. Can see just how perfectly we crossed through each to meet up with that strong 0.50 resistance point.
☄️The retracement is a very healthy retracement in my opinion and is exactly the kind of thing we like to see after a rather quick impulse wave up giving a quick reminder to the crypto community of just what kind of strength we've got here and that our fight is not over.
☄️We've managed to bounce off our support of 0.41 to where most traders are likely waiting for more confirmations and retests by which we'll figure which direction our wave could be sending us. Just matters whether or not buyers can regain and capture that 200 EMA. If not we'll simply see a loss and slip further down most likely without that 200 EMA. For the time being keep watch for our markers and points! They do the job.
☄️Regardless of what may happen it's been a very good sign and signal to the crypto community to see a show of force like this, especially with many being hopeful on the XRP case settling soon in good favor of Ripple following the update with the Judge removing a primary witness for the SEC in the litigation. That's what led to the large impulse wave up as buyers poured in on good sentiment's.
☄️I'll leave you guys here for now so I don't flood you with too much but if you'd like to keep tuned or leave a like and follow it'd be much appreciated! Simply putting out some of my observations for you guys when possible! And remember things will work out.
~ Rock '
☄️I still haven't added any new markers or lines from the previous idea so all of these lines we've got are historical and real resistance and support points that you guys should keep noted. Can see just how perfectly we crossed through each to meet up with that strong 0.50 resistance point.
☄️The retracement is a very healthy retracement in my opinion and is exactly the kind of thing we like to see after a rather quick impulse wave up giving a quick reminder to the crypto community of just what kind of strength we've got here and that our fight is not over.
☄️We've managed to bounce off our support of 0.41 to where most traders are likely waiting for more confirmations and retests by which we'll figure which direction our wave could be sending us. Just matters whether or not buyers can regain and capture that 200 EMA. If not we'll simply see a loss and slip further down most likely without that 200 EMA. For the time being keep watch for our markers and points! They do the job.
☄️Regardless of what may happen it's been a very good sign and signal to the crypto community to see a show of force like this, especially with many being hopeful on the XRP case settling soon in good favor of Ripple following the update with the Judge removing a primary witness for the SEC in the litigation. That's what led to the large impulse wave up as buyers poured in on good sentiment's.
☄️I'll leave you guys here for now so I don't flood you with too much but if you'd like to keep tuned or leave a like and follow it'd be much appreciated! Simply putting out some of my observations for you guys when possible! And remember things will work out.
~ Rock '
