Not trading advice - for educational purposes only.
There could be a head and shoulders developing on XRP (and others) that is located on historically significant support/resistance. If the right shoulder continues to develop, it could lead to a fall to somewhere around .12. This would align with previous support, but price could also fall lower due to the large downtrend channel.
If the H/S develops completely, the fall could be quick, due to the area of S/R.
A lot will depend on what happens with BTC, which is currently the clear leader in cryptoland ...
There could be a head and shoulders developing on XRP (and others) that is located on historically significant support/resistance. If the right shoulder continues to develop, it could lead to a fall to somewhere around .12. This would align with previous support, but price could also fall lower due to the large downtrend channel.
If the H/S develops completely, the fall could be quick, due to the area of S/R.
A lot will depend on what happens with BTC, which is currently the clear leader in cryptoland ...
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.