Few interesting points about the reverse XRP price chart:
-Prev. cycle (orange triangle) hit the 55 fib target to a tee and was exactly 2x the triangle pattern target (orange dashed line = triangle target, grey dotted line = 2x triangle target).
-2x the triangle target for current cycle (cyan triangle) sits at the 55 fib as well, which is $173.
-Both cycles made a similar triangle pattern with up trending support and sideways resistance.
-PA is nearing the end of a triangle pattern (white) created after breaking down from the cyan triangle. White triangle ends around late August at the absolute latest.
-Minimum target for both current cycle patterns (cyan and white) point towards $6.5-7 XRP bare minimum.
-My personal targets are based on the 8-21 fib levels of $25-65.
-Prev. cycle (orange triangle) hit the 55 fib target to a tee and was exactly 2x the triangle pattern target (orange dashed line = triangle target, grey dotted line = 2x triangle target).
-2x the triangle target for current cycle (cyan triangle) sits at the 55 fib as well, which is $173.
-Both cycles made a similar triangle pattern with up trending support and sideways resistance.
-PA is nearing the end of a triangle pattern (white) created after breaking down from the cyan triangle. White triangle ends around late August at the absolute latest.
-Minimum target for both current cycle patterns (cyan and white) point towards $6.5-7 XRP bare minimum.
-My personal targets are based on the 8-21 fib levels of $25-65.
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.