🔥Just a real quick TA before I go to sleep but basically looking like XRP could possibly be forming a Double top and following this we could see that correction/retracement we're expecting before we get that good solid move back up and really move above that 0.36 resistance that's hitting us down when we try to break it.
🔥We need some form of a correction at least before we can expect a real move up, otherwise we're likely risking getting hit hard with a strong sell off should things simply go up and up and provide whales with an opportunity to create an intense mountain fall, that's why with impulse movements we like to see corrections happen soon. The sooner the better and the less we risk facing a big or dramatic mountain fall.
🔥Watch and use that bottom of the MAIN WEDGE for XRP as a support since we'll fall should we fall below that support/wedge line. Gonna leave the idea here for now since it's just a quick take but if you'd like to leave a like or follow it'd be much appreciated as always, just keeping you guys posted as always thank you!
~ Rock '
🔥We need some form of a correction at least before we can expect a real move up, otherwise we're likely risking getting hit hard with a strong sell off should things simply go up and up and provide whales with an opportunity to create an intense mountain fall, that's why with impulse movements we like to see corrections happen soon. The sooner the better and the less we risk facing a big or dramatic mountain fall.
🔥Watch and use that bottom of the MAIN WEDGE for XRP as a support since we'll fall should we fall below that support/wedge line. Gonna leave the idea here for now since it's just a quick take but if you'd like to leave a like or follow it'd be much appreciated as always, just keeping you guys posted as always thank you!
~ Rock '
