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KlejdiCuni
Sep 20, 2021 6:32 AM

XRP: The Price Came Out Of The Consolidation Pattern Short

XRP / TetherUSBinance

Description

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!

Trade closed: target reached

Comment

Comments
Mihai_Iacob
Great post! Thanks
TheSignalyst
Good catch klejdi
GJMRealEstate
nice work
KlejdiCuni
@GJMRealEstate, Thank you:) I appreciate it.
VincePrince
Interesting view.
KlejdiCuni
@VincePrince, Thanks
MMBTtrader
another great job here
KlejdiCuni
@MMBTtrader,I appreciate your comment:) Thanks
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