Hello traders, hope you're having a good day.
Here we have a XRP/USD 1H chart.
I found a repeating pattern here.
At the end of 2017 Ripple doubled its value (from ~ $1.25 to ~ $2.5) and then lost about 36% of it, back to ~ $1.6. It recovered some of it and started a sideward trend and shortly afterwards skyrocketed to ~ $3.2.
Ripple now fell back to the $2.5 area where it bounced and had a try at $3 but failed.
But it broke out of the downtrend and starting yet another sideward trend. ($2.6 area)
Will Ripple once again break out of the sideward trend and repeat what happened at the end of 2017?
Maybe new all-time highs?
Share your thoughts!
Here we have a XRP/USD 1H chart.
I found a repeating pattern here.
At the end of 2017 Ripple doubled its value (from ~ $1.25 to ~ $2.5) and then lost about 36% of it, back to ~ $1.6. It recovered some of it and started a sideward trend and shortly afterwards skyrocketed to ~ $3.2.
Ripple now fell back to the $2.5 area where it bounced and had a try at $3 but failed.
But it broke out of the downtrend and starting yet another sideward trend. ($2.6 area)
Will Ripple once again break out of the sideward trend and repeat what happened at the end of 2017?
Maybe new all-time highs?
Share your thoughts!
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.