💧 XRP STILL TREADING WATER 💧
💧 Hi, thanks for joining today ladies and gentlemen, today's idea won't be too long but it'll be good so feel free to tune in. And sorry about that, just not doing the best today mentally so gonna keep this short. Thanks.
💧 XRP's still treading above our goal of 0.62 and I've added/encircled the three points demonstrating the support we've found and the wicks extension's with all managing to keep above 0.622 in the least. Below the 15 minute chart I've made for you guys on the local.
💧 The chart basically does the work for itself, I added 2 horizontal dotted trend lines alongside a box to outline the new consolidation channel XRP is within on the local which puts us in between 0.628 and 0.6345 roughly. We'll need another break to the upside to get any momentum back up but that's brought us right back to our foe being that solid diagonal line of resistance that most of you are already aware of, if you aren't check out my past few ideas.
💧 The goal is to continue to form support above 0.623 and form a sort of defense there upon which we can get a better shot at potentially breaking that diagonal resistance that's kept us down so long and hopefully get a breakout/ some form of movement back up. We already saw what happened last time we failed to break the channel and tumbled back down, we don't want that happening again so definitely set some alerts and add any markings to your own charts.
💧 That was it for today, just wanted to give you guys the channel and keep it short. Sorry it's not like my usual ideas but again just not really feeling myself today, even so I had to get an idea out for you guys, thank you and feel free to leave a like or follow, helps me out a ton.
~ Rock '
💧 XRP's still treading above our goal of 0.62 and I've added/encircled the three points demonstrating the support we've found and the wicks extension's with all managing to keep above 0.622 in the least. Below the 15 minute chart I've made for you guys on the local.
💧 The chart basically does the work for itself, I added 2 horizontal dotted trend lines alongside a box to outline the new consolidation channel XRP is within on the local which puts us in between 0.628 and 0.6345 roughly. We'll need another break to the upside to get any momentum back up but that's brought us right back to our foe being that solid diagonal line of resistance that most of you are already aware of, if you aren't check out my past few ideas.
💧 The goal is to continue to form support above 0.623 and form a sort of defense there upon which we can get a better shot at potentially breaking that diagonal resistance that's kept us down so long and hopefully get a breakout/ some form of movement back up. We already saw what happened last time we failed to break the channel and tumbled back down, we don't want that happening again so definitely set some alerts and add any markings to your own charts.
💧 That was it for today, just wanted to give you guys the channel and keep it short. Sorry it's not like my usual ideas but again just not really feeling myself today, even so I had to get an idea out for you guys, thank you and feel free to leave a like or follow, helps me out a ton.
~ Rock '
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