Let's look at the chart in the mid to long term.

The chart of XRPBTC was changed to another exchange.


If you look at the chart, you'll notice it.
It is a box section.
The interval is between 0.00003514 and 0.00008550.

Between 0.00003514 and 0.00006032 is the lower section of the box section, and between 0.00006032 and 0.00008550 is the upper section of the box section.

An unreachable price of 0.00001180 is also an important point.

If the price is located between the upward trend line and the 0.00003514 point, it is expected to enter the lower section of the box section soon.

One thing to think about is whether you're going from the bottom to the top of the box segment or near the middle of the box segment and then drop.

I think that countermeasures have come out just because the movement in the box section that is usually continued.

If you move along the upward trend line, you will encounter the 0.00003514 point by March 2020.


The flow of price charts is not good.
It will continue to fall.

I need to check if I can get out of the downtrend line.

It may not be easy to rise in the short term, but the XRPBTC's chart suggests that the move may come soon.

The price of XRPUSD should be checked around March 2020, where the downtrend line meets 0.25355.

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Personally, I don't watch XRP's movement very well.
This is because XRP's movement is becoming stable.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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