ElmoX

Will it remain steady?

ElmoX Updated   
Earlier prediction were too bearish and XRP is holding pretty well its support at .75.
Towards end of this small pennant I'm not sure we shall see a breakout nor touch sub .60 level.

Looking at the big pennant which is the one to look at right now, we could see .6 to .65 tested but no real breakout until mid week. Lets see where it will head.
Comment:
As expected on bigger pennant price likely to follow mediane line (yellow) for 1 or 2 days before breakout.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.