If you've been holding XRP and wanting another point of entry before the next bull run, a favorable local minimum should be opening up within the next 4-6 days. There are some out there who are afraid that this strong upward momentum was only a temporary fakeout but rest assured, this is only an expected retracement in the grander scheme of the price movement.
You can tell this by looking at the ichimoku cloud's indicators from both the 30-min and daily. The 30-min is only useful for interpreting the momentum for the smaller level waves; in the grander scheme of the price movement, the daily still all but points to strong upward momentum.
To me, coupled with the inevitable TK Cross that is about to occur in the weekly, we should be able to infer that this is probably the lowest price that you'll be able to pick some more up at for the coming months.
I hope y'all are as excited as I am.
Happy trading!
-LB
You can tell this by looking at the ichimoku cloud's indicators from both the 30-min and daily. The 30-min is only useful for interpreting the momentum for the smaller level waves; in the grander scheme of the price movement, the daily still all but points to strong upward momentum.
To me, coupled with the inevitable TK Cross that is about to occur in the weekly, we should be able to infer that this is probably the lowest price that you'll be able to pick some more up at for the coming months.
I hope y'all are as excited as I am.
Happy trading!
-LB
