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GOAT1375
Apr 24, 2021 7:42 PM

XRP - Most Beautiful Chart Ever  Long

XRP / U.S. dollarBitstamp

Description

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
204f527996864c37bf99691291ae25
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
skyerry_2004
Thank you for your analysis
The_BingeTrader
Great analysis!
HamedH2
How long?
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