XRPMis à jour WARNING - Ripple down 50% - Don't Get Fooled By The News
Hello fellow investors and welcome to yet another trend analysis. Let's get right into it, I think XRP is far from being done dropping, BOTH XRP/USD and XRP/BTC clearly indicates it.
The XRP/USD chart says we are still bearish as we have never taken a high. The volume is still not there despite the big news it remains very low.
The XRP/BTC chart (that I will be posting in the comments below) shows a required square up right under the 0.786 which is becoming a VERY FREQUENT pattern in cryptocurrency, when ever there is a square up right under the 0.786 FIB on a retracement wave the price usually shortly wick to it and it is nearly always a VERY profitable entry point.
I cannot say how far XRP will drop in term of USD value but the XRP/BTC chart is telling me there is a very good chance it will wick to the 0.000048 area which is nearly a 50% BTC value decrease from the current price and that is a HUGE risk to take.
Please follow, like and comment if you agree!
The XRP/USD chart says we are still bearish as we have never taken a high. The volume is still not there despite the big news it remains very low.
The XRP/BTC chart (that I will be posting in the comments below) shows a required square up right under the 0.786 which is becoming a VERY FREQUENT pattern in cryptocurrency, when ever there is a square up right under the 0.786 FIB on a retracement wave the price usually shortly wick to it and it is nearly always a VERY profitable entry point.
I cannot say how far XRP will drop in term of USD value but the XRP/BTC chart is telling me there is a very good chance it will wick to the 0.000048 area which is nearly a 50% BTC value decrease from the current price and that is a HUGE risk to take.
Please follow, like and comment if you agree!
Note
XRP/BTC Chart
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Publications connexes
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.