Due to numerous requests, I am publishing a technical analysis on XRP. Unlike #BTC, where the Wedge was formed and executed, the ABCD pattern was formed on XRP, which is a growth entry pattern. Point D of this pattern can be located at a distance from 127% to 161% from point B, at the previous admissible level of exactly 127% (yellow point at the red price level of 0.6530), after which an attempt is currently underway to execute this pattern up to the historical $ 1.96 high. A situation may develop when XRP falls to the level of the red point at the red price of 0.3644, reaching the value of point D at 161%. Any re-entry into the green square is a normal execution of the ABCD pattern, from where growth to historical highs is inevitable. Personally, I have been in the position for a long time, during the recent fall I bought more at the level of 0.6530, and I will buy more if XRP gives such an opportunity.
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.