- support lvl = 0.904
- resistance lvl = 1.745
first , the price will vary between the support and resistance range.
until it breaks the resistance line.
if it breaks the resistance lvl.
new support lvl which will be 1.15.
-target 2.19.
if it does not break the resistance line.
the price will be still varying into the support resistance range.
like if you...
- if you buy at high price - hodl dont sell.
indeed big correction happens to all cryptos
low test candle its a sign there are much buyers than sellers which means market is rejecting the down trend.
i will not give numbers and targets because the market is at frenzy now and we cant identify the targets it all depends on the volume and all trading is related...
im new to trading but as per my indicators , ripple and all cryptocurrencies are in big correction now.
eventhough, in general its in up trend. if you go weekly charts.
in the current situation its unidentified market , we cant even to buy or sell. just hodl and wait what the market will show us
my advice to hodl , dont panic and sell. i think in early feb. it...