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bdfulker2

XRPUSDT about to test long trend and suppor. March and May 2017

XRP / Tether USD (POLONIEX:XRPUSDT)  
bdfulker2 Updated   
POLONIEX:XRPUSDT   XRP / Tether USD
Trend Analysis Chart Patterns Beyond Technical Analysis XRPUSDT xrpusd xrp XRPBTC Support and Resistance support
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trendanalysis chartpattern beyondta xrpusdt xrpusd xrp xrpbtc supportandresistance support
XRP usdt about to test support at 39.5 cents and then we are testing a long term trendline from march 2017 and in the past when we hit this line we have seen some serious price appreciation. Lets go XRP DROP TO 37 CENTS AND SPRING FORTH
Comment:
Currently XRP RSI is at 22 on the daily. It reached this low once in 2017 and once or 2 times about this low in 2016, but it hasn't been any lower than this since 2015 it went below its current position. Look at the chart this is seriuosly low.
snapshot
Comment:
Sorry it is at 23 not 22 currntly and it has only been more oversold than this 5 times in its history.
Comment:
Comment:
So you can see it better
snapshot
Comment:
As you can see, the price bounced right off the 2017 trendline in orange and has went and bounce right up to the oldest support line in yellow which is now acting as resistence. It is going to take a push to get us through that resistenc and then we have to break $0.40 and then we have $0.42 cents which held for support for a few months so the bulls have some work to do
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