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MagicPoopCannon
Jan 10, 2021 5:35 AM

XRP May Have an Adam & Eve Breakout Soon... 

XRP / United States DollarCoinbase

Description

Looking at the 15 minute XRP chart, we can see that XRP did not have a sustained breakdown of the head and shoulders pattern featured in the previous analysis. While price did briefly break down below the neckline of that pattern, it quickly recovered back above it. Since then, XRP has printed this Adam and Eve formation on the chart. You can see the dotted blue resistance level that it will have to surpass for a breakout. If we do see an upside breakout of this pattern, the first major resistance level is at 0.37. From there, there is more resistance at 0.38 and then 0.39. The size of this Adam and Eve pattern actually has a price target above those levels (at 0.40) but we will have to observe how price responds to that overhead resistance, if we do see an upside breakout.

I'm The Master of The Charts, The Professor, The Legend, The King, and I go by the name of Magic! Au revoir.

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***

-JD-
Comments
LisaNEdwards
Nice to see you agree with me now :)
ThePublisher
Just a guess here, but I think Magic Poop sold his account years ago. He made some killer calls back then and was very active. Now he sounds different, uses different indicators and doesn't post that often. Just a guess...
tb1337
@ThePublisher, it certainly is possible. can't say I haven't noticed that myself, but I don't doubt it.
ffeizian
@ThePublisher yup, noticed that long time ago
saamq
it is amazes me how wrong you always are, great job poop :)
toddeide
So what affect do you think xrp will suffer from Coinbase stopping trading on their platform?
bobpeter44
UK says not a asset, its a token , XRP used world wide, China Banks adding Xfers of capitol out of country !
Dinore
It did just the opposite! Your "analysis" is very useful - we need to do just the opposite in order to make good money :D
KiyanKh
it did, magic poop! it certainly did!
pedro17
failed to settle law suite with the SEC and is being delisted..sold all mine.
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