Anything can be said about the near 20% dump today, crypto is filled with speculation. Shaking the weak hands out, exit scam, long squeeze, etc. etc. Fundamentally, ripple has too much behind it to go anywhere. While most crypto has enjoyed a great 2019, ripple has stayed quiet for the most part. This alone should get you wondering..... Please do some research
1-2-3 Trend line Description
1) The highest point of the trend line (C)
2) The lowest point price reaches (A)
3) The point where price breaks the trend line (1)
4) The point where price attempts a new low (2)
5) The point where price makes a high (B)
6) The point where price breaks above point B (3)
Once we get passed Point B, expect a parabolic run. Q4 is here
1-2-3 Trend line Description
1) The highest point of the trend line (C)
2) The lowest point price reaches (A)
3) The point where price breaks the trend line (1)
4) The point where price attempts a new low (2)
5) The point where price makes a high (B)
6) The point where price breaks above point B (3)
Once we get passed Point B, expect a parabolic run. Q4 is here
Comment:
another TL retest
another TL retest
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one of these rejections.... maybe during the new weekly?
Comment:
Look for some action after the 4th bounce
Bullish hammer as expected. This is the closure we wanted on the weekly. that long wick shows the demand