Giving this another go. I have no idea what the heck is going on with XRP and why the price drop but there is a possibility to buy more XRP below $3.
- I see a descending triangle formation, which can signal a continuation downtrend.
- I established a support line with at around 3 bucks.
- If XRP falls to this support, we could look for a bounce back or further breakdown.
- I would think if it starts to fall below $3, we might get a sell off from folks that bought a little above $3 bucks recently.
- I have the resistance levels at 3.20 to 3.22. A break out above 3.22 could trigger an uptrend. Hopefully.
Let me know what yall think. Still fairly new to TA! 😁
- I see a descending triangle formation, which can signal a continuation downtrend.
- I established a support line with at around 3 bucks.
- If XRP falls to this support, we could look for a bounce back or further breakdown.
- I would think if it starts to fall below $3, we might get a sell off from folks that bought a little above $3 bucks recently.
- I have the resistance levels at 3.20 to 3.22. A break out above 3.22 could trigger an uptrend. Hopefully.
Let me know what yall think. Still fairly new to TA! 😁
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.