Just a little speculation aabout XRP. It might increase if it manages to break the green resistance, however, if it doesn't break the green resistance line it might just follow the previous trend and drop down in price before increasing again.
Ripple has been testing the 0.1595$ level and i'm curious how low it will go.
Some good Fundamental news is coming on June 30, Could this be the last low before the bull?
In Crypto, an average of 1,8 year bear market is needed to have a 1 month bull market.
People don't understand that these lows are needed to make a strong bull run.
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
Market can go in the opposite direction, what we analyze. so we have to manage our risk and adopt the situation accordingly.
XRP has been in a downtrend since 8TH of May (flash crash - Black friday).
Since yesterday 30th of May at 22P.M. UTC+2 on the 4H chart I've noticed this buy Signal (green line on the chart - which is a pivotal point revearsal of a trend)
PUSH LIKE 👍, PLEASE!
WE JUST OPEN A SHORT POSITION ON A FORMATION OF A BAT PATTERN ON A SITUATION OF OVERBOUGHT .
VERY GOOD RISK REWARD RATIO ON EVERY TARGET.
DID YOU JUST PUSH LIKE , DID YOU?!🤔 👍MANY THANKS ☺️
As i do believe that cryptocurrency will one day have its place in society, the time is not yet here for us..
I believe a massive Wash Out is do to happen in the Crypto World.
Massive retracements are going to kick in that will have a lot of ICO's & New Crypto's going to zero!
Trade with care!!