Dear traders,
My previous 2 idea's about XRPUSD happened with 100% accuracy. XRPUSD reached the 4.263 fibonacci extension resistance level, whereafter it retraced to 0.45-0.50, varying on the exchanges but following the expectations I had.
In a volatile market like cryptocurrencies, you need to have long periods of consolidation and bear markets (3 year bearmarket) and 30% corrections in order to have 150-300% bull runs.
The reason for my expectation of XRPUSD to reach 1.75-1.80 is that is has been following past fractals, these fractals point exactly to 1.75-1.80 as well as the fibonacci extension at 4.263 that reaches to 1.75-1.80. If we look at the 2017 bull run, we can see that this has been a support level after the retracement from ATH.
I am just speculating, I don't have a glass ball which tells me which direction the price is heading but my expectations are that XRPUSD will hit 1.75-1.80.
Trade or buy at your own risk!
PS: yes I do expect BTCUSD to break it's ATH's as well.
My previous 2 idea's about XRPUSD happened with 100% accuracy. XRPUSD reached the 4.263 fibonacci extension resistance level, whereafter it retraced to 0.45-0.50, varying on the exchanges but following the expectations I had.
In a volatile market like cryptocurrencies, you need to have long periods of consolidation and bear markets (3 year bearmarket) and 30% corrections in order to have 150-300% bull runs.
The reason for my expectation of XRPUSD to reach 1.75-1.80 is that is has been following past fractals, these fractals point exactly to 1.75-1.80 as well as the fibonacci extension at 4.263 that reaches to 1.75-1.80. If we look at the 2017 bull run, we can see that this has been a support level after the retracement from ATH.
I am just speculating, I don't have a glass ball which tells me which direction the price is heading but my expectations are that XRPUSD will hit 1.75-1.80.
Trade or buy at your own risk!
PS: yes I do expect BTCUSD to break it's ATH's as well.
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.
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.