hey guys welcome for XRP update
now dont expect any good news, XRP is hell bearish and am 80% sure that prices will keep continue to drop, so dont burn your hands taking any longs on XRP
here's my last update where i shared my concerns regarding XRP and I said that XRP is sitting on a very critical level, if itr doesn't holds it than be very cautious
since than prices have dropped by more than 20%
going in higher degree chart weekly time frame, everything gets crystal clear
200 WMA with 0.25$ key level both have already broken
my custom RSI has moved in green zone, completely negative divergence
XRPBTC chart saying similar story
200WMA has been a huge support level in Sep 2018, but clearly bulls failed to hold it in May 2019
meanwhile my custom RSI is all negative
Elliot wave projection over XRP weekly chart followed so well
this one image is enough to say everything, clearly right now we are in major wave 2 and notice that green boxes how well FIB382 hold prices more than a year.
undoutebly wave 2 is now moving towards FIB5 around 0.115 for the next few weeks XRP will most likely continue its free fall
and if this level fails than ultimately FIB618 is the next support
ok guys, that's all for now hope this idea will help you to make huge huge profits like the previous one's ;), dont forget to hit like and support us so we keep bringing awesome new trading ideas for you, follow us for more future updates, and do comment your opinion, we appreciate your response:)
and to join our premium contact me on telegram
this is Husain Zabir signing out
thanks you
now dont expect any good news, XRP is hell bearish and am 80% sure that prices will keep continue to drop, so dont burn your hands taking any longs on XRP
here's my last update where i shared my concerns regarding XRP and I said that XRP is sitting on a very critical level, if itr doesn't holds it than be very cautious
since than prices have dropped by more than 20%
going in higher degree chart weekly time frame, everything gets crystal clear
my custom RSI has moved in green zone, completely negative divergence
200WMA has been a huge support level in Sep 2018, but clearly bulls failed to hold it in May 2019
meanwhile my custom RSI is all negative
this one image is enough to say everything, clearly right now we are in major wave 2 and notice that green boxes how well FIB382 hold prices more than a year.
undoutebly wave 2 is now moving towards FIB5 around 0.115 for the next few weeks XRP will most likely continue its free fall
and if this level fails than ultimately FIB618 is the next support
ok guys, that's all for now hope this idea will help you to make huge huge profits like the previous one's ;), dont forget to hit like and support us so we keep bringing awesome new trading ideas for you, follow us for more future updates, and do comment your opinion, we appreciate your response:)
and to join our premium contact me on telegram
this is Husain Zabir signing out
thanks you
Comment:
happy new year guys just announced an exciting offer for all you check out my status or twitter
