KeleabetsweMaseko

Wyckoff accumulation correction

Long
KeleabetsweMaseko Mis à jour   
BYBIT:XRPUSD   None
Hi there fellow XRP investors

The idea I am presenting today is that XRP has bottomed prior to its massive capitulation that occurred and enough time has elapsed for a complete bear correction to play out. At this exact moment, XRP is ready for a breakout to the 0.702 fib level which is around the $1.40 price range...

It could be a couple of days or a week from now but the XRP price chart says we are ready to break out. We have seen this trend pattern occur for bitcoin in the 2018 bear market and compared to XRP there is a similarity.

I will be keeping you updated and referencing more on this idea as we near the breakout

Be sure to like a comment on your thoughts about this IDEA.
Commentaire:
XRP so far has managed to stay above support level still validating the idea of Wyckoff accumulation, this week is a big week for XRP , lets see what we can make of it .

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.