bdfulker2

XRPUSDT upward movement coming in 2 downward channels soon????

POLONIEX:XRPUSDT   XRP / Tether USD
Hello everyone,

We have been moving withing in a downward channel within a larger downward channel. We are currenly at the bottom of the smaller channel and about 1 penny from the bottom of the larger channel. We also just reached a strong area of support with many supports there are many supports between 18 and 28 cents which I have some outlined in purple. Also you must be using a chart with all of the DATA such as poloniex as it has almost all of the chart data. We may move sideways along the channel for a few days or a week it really depends on the institutional investors or Composite Operators and market sentiment. But we have the top of the inner channel at around 35-39 cents depending where and when we actually go up. But when we break out of this channel we still have the larger channel which the top or highest it can get is around 55-60 depending on the length of time it takes to get there. If we take a long long time it will be a lower. But my point is there should be some upward movement over the next few weeks.

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.