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CryptoSpaceMy
May 8, 2021 1:21 AM

XRP forming lower low and lower high  

XRP / TetherUSBinance

Description

XRP may be revisiting $1.45 as it is in a downtrend channel for the past 2 days after reaching a price of $1.76. Breakout from the downtrend channel will gives a short term target of $1.71 and it will start to hunt its previous high of $1.96!

Trade closed: target reached

XRP downtrend target reach!
Comments
leightonsummerville
I'm looking at a lot of charts that suggest we could be in for a big correction today, back too test old hold lines. A lot of different coins have the .618 lined up perfect with the old support lines.. just a theory. Wish everyone the best!
VIDAL01MX
@leightonsummerville, same i think, macd 4hr indicates it
leightonsummerville
@VIDAL01MX, I knew it, i still lost money.. As the saying goes, can't help myself haha maybe i can help others though
CryptoSpaceMy
@leightonsummerville, you should trust your analysis and put your emotion away!
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