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Sany_Harun
May 16, 2022 6:38 AM

XRP/USD TECHNICAL ANALYSIS ON D1 Short

XRP / U.S. dollarBitstamp

Description

Predicted that price will fall below LOW on the Jan 22nd 2022 but we can see manipulation when it raised back to 0.91870 before droping down to 0.337. Not only breaking the Jan 22nd LOW, but also did break the weekly demand zone (grey zone and currently price is in that zone). On lower TF chart, price seems going futher and may break the current LOW on May 12th and really heading towards lower weekly demand zone (pink zone -I shud have marked it green tho).
For price to break the demand zone (especially weekly), some people must have work really...really hard on that. Just prepare for any possibility. It might go down around 0.269.
***This is not a financial advice. This is for sharing ideas only***
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