XRP - The Big Picture
XRP - The Big Picture from a Short Term Perspective
Huge downtrend fixed with numerous ascending channels played out like clockwork. In hindsight, its a perfect looking chart if you’ve been riding the waves.
Seeing as BYBIT:XRPUSD is now starting to make a move (ahem, finally!) it’s clear to me that it’s going to hit HUGE, historical resistance at the $0.30 target. If you bought at the bottom of the channel closer to $0.11 you’d be up over 100% right now in only 8 weeks.
Plan A (Bullish) - BYBIT:XRPUSD breaks out of the ascending channel and long term resistance trend line to the upside and makes a push to $0.50
Plan B (Bearish) - BYBIT:XRPUSD gets rejected at the $0.30 level and will inevitably re-test the long term support and a previous low of $0.11
*not financial advice, just my opinions*
Where do you think XRP is going?
Like and Comment below!
Follow me on Twitter: @XRP_CANADA
Best,
X
Huge downtrend fixed with numerous ascending channels played out like clockwork. In hindsight, its a perfect looking chart if you’ve been riding the waves.
Seeing as BYBIT:XRPUSD is now starting to make a move (ahem, finally!) it’s clear to me that it’s going to hit HUGE, historical resistance at the $0.30 target. If you bought at the bottom of the channel closer to $0.11 you’d be up over 100% right now in only 8 weeks.
Plan A (Bullish) - BYBIT:XRPUSD breaks out of the ascending channel and long term resistance trend line to the upside and makes a push to $0.50
Plan B (Bearish) - BYBIT:XRPUSD gets rejected at the $0.30 level and will inevitably re-test the long term support and a previous low of $0.11
*not financial advice, just my opinions*
Where do you think XRP is going?
Like and Comment below!
Follow me on Twitter: @XRP_CANADA
Best,
X
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.