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MMBTtrader
Apr 21, 2021 4:55 PM

XRPUSD soon breakout and rise ? Long

XRP / U.S. dollarBitstamp

Description

Red and strong falling trendline is touching again and again soon we may expect breakout and huge rise after that is expected.
why ?
beacuse each time sellers are getting weaker and weaker .

As we talked about this support zone that is shown with green rectangle is 0.5% OF Fibonacci too and second green rectangle is 0.61% of Fibonacci and both are strong support zone .

Notice : if second one break then bearish market will lead but technically as we can see soon we should expect breakout to upside and start of rise .

DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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Comments
ManhSonBui
My brother
I agree with you and hope for uptrend.
Take care
MMBTtrader
@ManhSonBui, thanks a lot bro
Str1xt
XRP has it's own agenda. It doesn't follow the big coin like a lost puppy.
moemia
@Str1xt xrp doesn’t have its own agenda it’s copying btc every move lol
TheWolfOfBaySt
@moemia, yeah but there’s a lag. Look at previous ATH’s for each of them and notice the lag in time between the coins
moemia
@TheWolfOfBaySt, since xrp recent high of 1.95 it’s copied btc in every way that I’m now using btc as an indicator lol
Str1xt
@moemia, I didn’t see btc go up 5x this year? You got your phone upside down? Lol
moemia
@Str1xt, you can’t cherry pick your dates btc up 5x since October Idk how you could not notice that
Str1xt
@moemia, You have a great weekend.
Gaengphed
Houston, we have a breakout! :-)
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