Rocksorgate

πŸŒ‘ XRP LUNAR ECLIPSE! πŸŒ‘

πŸŒ‘ Pretty wild to be honest, to dwell on the fact that tonight is 2023's lunar eclipse is crazy, I won't be able to see it myself but to those that are lucky enough to see the lunar eclipse, I wish you all the best and hope it looks great!

πŸŒ‘ This won't take long either and should be pretty short. I've attached a 30 minute chart below highlighting that horizontal channel so that should help with some quick visual stuff.


πŸŒ‘ Been a pretty intense week for XRP with us nearly seeing that 0.60 pop up before we got hit with the reversal though I've added in that horizontal channel between 0.544 and 0.548 which seems to be that sort of make or break it points between our current market buyers and sellers. I've also added the diagonal resistance line that's been forcing us down so feel free to add that on well for the 30 minute timeframe.

πŸŒ‘ Main thing right now is to just keep an eye on those current indicators for our chart. Especially as we're at this make or break it point for that 200 EMA by which we can hold and regain ground or start off a possible mountain fall. We've come up this whole way managing to avoid losing the 200 EMA with the exception of the 27th but even so we haven't quite really lost it since this whole sort of rally started so I'm curious to see how that plays out if we do end up losing it and fail to hold support/ground here.

πŸŒ‘ Set some alerts, especially for0.544 and that 0.541 horizontal level I've got if you'd like to keep an eye on things. Regardless we're just looking at a a small segment of a really big pictures at the end of the day so whatever happens happens, but always positive to note the advancements XRP has made this month whether it be the case or collaborations, developments.

πŸŒ‘ I'm leaving the idea there for now, go enjoy that Lunar Eclipse and have a great day! All the best till next time as always and feel free to leave any likes or follows, simply helps me, thanks.

~ Rock '
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.