I was thinking it might go in for a double bottom at .22 before breaking out of this trend
so many possible versions
if it goes back down to .11 that makes the .30 resistance look like a massive barrier (not that it isnt already)
have a great weekend
thanks for posting this
strictly
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@GJMRealEstate, Well, I posted the double bottom, but the truth is, there is some support before we get there unless it "knives" right thru! Biggest thing XRP needs is price follow through!
Thanks! Have a great weekend yourself! Cheers!
strictly
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@GJMRealEstate, I should mention, you could be right at $.22, the double bottom, or lower, is a worse case outcome.
Saeed966
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Good job
TheKitchenTrader
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Agreed. Need .265 for confirmation of breakout or otherwise we have read this newspaper before.
strictly
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@TheKitchenTrader, Ha! We have read this before haven't we? Cheers mate!
Gaengphed
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Wondering what your thoughts are at the moment Strictly. It looks like it is pointing to the upside for now. Thanks for keeping an open minded eye towards XRP.
strictly
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@Gaengphed, Hey Bud! There are 2 ways out of a channel, explosion out or sideways. If price moves sideways, then I would expect a trading range, and more specifically, a triangle, which could last a couple of months. First things first, price needs to move out of this channel. I have been busy helping my brother in law, so I haven't had time to post a chart, plus price has been boring...I'll get something out hopefully over the weekend.
Cheers!
Gaengphed
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@strictly, Of course, no worries! Post whenever you have some time. Family is more important ;-) Stay safe!
strictly
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@Gaengphed, New chart posted for you, my friend! Have a great day!
xrp certainly does behave as if it is undecided
I was thinking it might go in for a double bottom at .22 before breaking out of this trend
so many possible versions
if it goes back down to .11 that makes the .30 resistance look like a massive barrier (not that it isnt already)
have a great weekend
thanks for posting this