🔥 Hey guys, hope all is well as usual. It's sunday I understand and the day before Memorial Day so I'm sure some of you have stuff going on. Today's observation will be real quick then so thanks for tuning in, appreciate it as always.
🔥 I made an idea yesterday but wasn't able to post it due to connection issues so least I can come through with today's idea. Below is the idea for yesterday that I didn't get to post but it show's our markings and that push we'd had before the rejection though as we know now we did manage to breakthrough the line I wanted.
🔥 That's the chart image for yesterday's idea which I didn't get to post but you get the point, that's what we were looking at yesterday and today we see how we managed to avoid losing that 200 EMA on the 15 and 30 minute and our 20/50 EMA's have managed to keep parallel each other through all of this on our 30 minute too which has been great.
🔥 No doubt though once those two EMA's start to flip back we'll see some selling but nonetheless am happy to see the support that buyers have been kicking at XRP with, especially as XRP whales and investors have been jumping in this week amidst positive sentiment surrounding the case continuing to swirl.
🔥 Like I said, today's post will be short so as we see our chart come up on my next horizontal level of 0.48587 I'd definitely watch that point for what'll likely be resistance or some form of rejection, by then it'll be up to investors on whether they want to hold or take the profits from the push and sell some. I expect to see some selling if we fail to break 0.485 by which then I'll be looking at my next level below of 0.47421 for support.
🔥 That's it for today's observation, if you'd like to leave a like or follow as always it'd be much appreciated, I've got to get running off but wishing well for everyone! Especially as we go through the Memorial Day weekend. Thanks for tuning in.
~ Rock '
🔥 I made an idea yesterday but wasn't able to post it due to connection issues so least I can come through with today's idea. Below is the idea for yesterday that I didn't get to post but it show's our markings and that push we'd had before the rejection though as we know now we did manage to breakthrough the line I wanted.
🔥 That's the chart image for yesterday's idea which I didn't get to post but you get the point, that's what we were looking at yesterday and today we see how we managed to avoid losing that 200 EMA on the 15 and 30 minute and our 20/50 EMA's have managed to keep parallel each other through all of this on our 30 minute too which has been great.
🔥 No doubt though once those two EMA's start to flip back we'll see some selling but nonetheless am happy to see the support that buyers have been kicking at XRP with, especially as XRP whales and investors have been jumping in this week amidst positive sentiment surrounding the case continuing to swirl.
🔥 Like I said, today's post will be short so as we see our chart come up on my next horizontal level of 0.48587 I'd definitely watch that point for what'll likely be resistance or some form of rejection, by then it'll be up to investors on whether they want to hold or take the profits from the push and sell some. I expect to see some selling if we fail to break 0.485 by which then I'll be looking at my next level below of 0.47421 for support.
🔥 That's it for today's observation, if you'd like to leave a like or follow as always it'd be much appreciated, I've got to get running off but wishing well for everyone! Especially as we go through the Memorial Day weekend. Thanks for tuning in.
~ Rock '
