Hello everyone,
Technical analysis:
- More than a year of flag formation has been lost. Breaking the bottom line of the flag and successful testing, which may result in large drops.
- If the last hole is broken and confirmed by the 4h candle, we will fall even lower. Even around $ 0.3.
- It is possible to return to the flag, then we should expect a LONG towards the top line of the formation. (Less likely)
Fundamental analysis:
- 20.01.2022 in the United States, a government meeting is to be held on the environmental consequences of cryptocurrencies.
It's all about the energy that crypto mining uses. At the moment, miners use as much electricity as power all of Argentina: D
- I believe there will be negative information. This will contribute to further declines. The meeting will be broadcast on Youtube.
-XRP cannot be mined but will fly down after Bitcoin.
Comment and like,
Greetings
Technical analysis:
- More than a year of flag formation has been lost. Breaking the bottom line of the flag and successful testing, which may result in large drops.
- If the last hole is broken and confirmed by the 4h candle, we will fall even lower. Even around $ 0.3.
- It is possible to return to the flag, then we should expect a LONG towards the top line of the formation. (Less likely)
Fundamental analysis:
- 20.01.2022 in the United States, a government meeting is to be held on the environmental consequences of cryptocurrencies.
It's all about the energy that crypto mining uses. At the moment, miners use as much electricity as power all of Argentina: D
- I believe there will be negative information. This will contribute to further declines. The meeting will be broadcast on Youtube.
-XRP cannot be mined but will fly down after Bitcoin.
Comment and like,
Greetings