Once Again, I am hesitant to post this.
If XRP opens and closes below that green trendline, which has been 3 years of support, then I don't know what to say, there could be a move to like .01 USD. Ripple must hold this trendline. I honestly do not know how far it will fall if it doesn't.
Those are long candles approaching the trendline which was a breakout from the rising channel with a bearish divergence. Either the green trendline will continue to hold as support indicated by the violet lines (one of the violet lines indicates a spring, which is a bear trap) or the trendline will be broken and we will see lower price points. I don't know of any price objects, use round numbers, .25, .2, .15 etc.
XRP/BTC Analysis:
If XRP opens and closes below that green trendline, which has been 3 years of support, then I don't know what to say, there could be a move to like .01 USD. Ripple must hold this trendline. I honestly do not know how far it will fall if it doesn't.
Those are long candles approaching the trendline which was a breakout from the rising channel with a bearish divergence. Either the green trendline will continue to hold as support indicated by the violet lines (one of the violet lines indicates a spring, which is a bear trap) or the trendline will be broken and we will see lower price points. I don't know of any price objects, use round numbers, .25, .2, .15 etc.
XRP/BTC Analysis:
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.