XRP: The Price Came Out Of The Consolidation Pattern
As we can see from the chart the price broke down from a consolidation area.
Now we can see it retesting 1.0250 or the broken structure now turned into support and we may see it moving lower up to 0.8714.
If the bearish momentum will increase it may test also 0.7856.
Near the support areas, we should see for any price reaction for a potential bullish movement.
Thank you and Good Luck!
Now we can see it retesting 1.0250 or the broken structure now turned into support and we may see it moving lower up to 0.8714.
If the bearish momentum will increase it may test also 0.7856.
Near the support areas, we should see for any price reaction for a potential bullish movement.
Thank you and Good Luck!
Trade closed: target reached:
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