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MarkConway73
May 12, 2022 6:12 AM

Approaching long-term weekly support. 

XRP / TetherUSBinance

Description

Using Bulkowski's theory that parabolic moves (branching steep trendlines) are unsustainable and return to a more stable gradient (their root trendline shown in yellow) and shows a possible support for XRP at $0.30
Closer observation shows how we can use breaks of the steep trendlines as entry points and take profit at the lower ones.
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