ecirino

The 50% retrace on the impulse has been tested twice

BINANCE:XRPUSDT   XRP / TetherUS
Hi loves. Maybe I'm just getting hopeful. I've been holding XRP for nearly two years and I can't tell the difference between weeks and months.

On the short term, XRP looks to be testing the lower price range. It touched $0.42 twice which is also the 50% retrace from a three-hour impulse move. On smaller time frames volume is increasing in the green. Maybe, just maybe, this could be the end of the $0. 40 range. Onward and upward to $589!!! Actually, more like $0.80... or the lowest it could go is $0.30. It would make sense to touch that level. Soon we will get into the dollar range.

XRP is my GME

Comments

That is a logical way to go, thanks for sharing.
+1 Reply
We are in a descending triangle, I say if we break 45 cents we will hit 50 today.
+1 Reply
@arthurgcar, No , it is look like rising triangle
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bbehrad SiavashTechnicalAnalyzer
@SiavashTechnicalAnalyzer, be nazaram in mosalase motagharene suudi nuzulish malim nis fln mesle fanar jam mishe
Reply
@bbehrad, this is a symmetric triangle , in this pattern the price will continue to be upward but there is a strong resistance zone right above the triangle pattern which will effect on the price movement
Reply
bbehrad SiavashTechnicalAnalyzer
@SiavashTechnicalAnalyzer, betun goftam mirize:)
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