XRP / USD TA
Let’s dive into it, before it’s too late!
We are currently sitting on 744+ Strong support line in form of a trend line seen below.
Why is this support significant?
Mostly because of the immense accumulation that we have been observing over last 2 Years. Even though to some it won’t appear as accumulation during the times we had run ups from $0.20...
Price is approaching our first support (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur to our resistance (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment...
This trade is still on for 58 cents before 28th May.
You can see another falling wedge pattern forming which further confirms my previous analysis/ Like many analysts here on Trading View we are sometimes too quick to give our idea . Watching this play out on screen gives me great confidence we will see higher values within the coming days.
The wedge is...
- INVESTMEND IN CRYPTO -
The biggest investment is already happening at ripple where many people are buying it at the lowest price and is expected by a great expectation the touch of $ 0.80.
How many people think you are getting to buy crypto ?
- My opinion is that millions...
I have been a trader for 13 years and I have traded through the financial crisis . I have been around the block , I have gained and earned lots of experience while constantly learning from the best traders in the world. I am a full time trader , help/teach people how to trade properly and profitably .
I ALSO RUN A DISCORD GROUP OF...
XRP Did have a dump not long ago and is currently leveling off the MA went back above the EMA which seemed to trigger another bearpush(downtrend)
But it seems like the EMA is coming back above the MA which can(may or not) trigger a bullish candle(like earlier this month) possible or not?
Can XRP push back above $0.40?? maybe..
RESISTANCES: $0.40 $0.48 $0.54 $0.65...