GOAT1375

XRP - Most Beautiful Chart Ever

Long
BITSTAMP:XRPUSD   XRP / U.S. Dollar
Hi, this is my new update for the longterm position in XRP. In the last 6 days XRP has fallen over 45% from $1.96 all the way to the support level $0.92. I think we have reached the bottom, because we have backtested both the trendline and the mega support level around $0.92. If we look at the structure from 2017, we have a similar pullback and if we repeat the same structure then we are going much higher to $8-10. The first major resistance is around $1.20 and the next one is between $1.47-1.50. So be patient and don't PANIC ;) Look at the bigger picture in here.

Comments

in 2017 we tested the trendline twice before going up. If same fractal repeats we gonna touch 90 cents again. I would wait to long a bit more
+4 Reply
Thank you for your analysis
Reply
Great analysis!
Reply
How long?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter