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pursuitofwealthgroup

XRP Invalidated the weekly rounded bottom... But there is hope!

Long
XRP (BITFINEX:XRPUSD)  
pursuitofwealthgroup  
BITFINEX:XRPUSD   XRP
Trend Analysis Technical Indicators Chart Patterns XRPBTC xrp xrparmy xrpcommunity xrptechnicalanalysis ripple
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XRP lost the weekly rounded bottom after closing below 0.80 cents. We knew to be expecting downside if that happened and here we are. There is still hope though as if we zoom out to the monthly time frame you can see we are still holding the rounded bottom there using the wicks. In our previous idea we were using the weekly time frame and real candle bodies. Difference this time we are using monthly and wicks of the candles. Great buying opportunity for those looking long term IMO. Not financial advice of course.
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