In just 2 hours and 15 minutes, XRP will make its daily close (8:00 PM EST). This is an extremely basic, but fun chart. The high closes create the descending top line, the low closes create the ascending bottom line. They form something of a wedge and they intersect today. What will happen? Which line will be respected more?
1) XRP will close above 0.92115, respecting the ascending lower trendline and above the descending trendline.
2) XRP will close below 0.91895, below both the descending trendline and ascending trendline
3) XRP will close between 0.91895 and 0.92115, leaving us in further limbo
Time of post XRP 0.91562. I predict a "rally" to close above 0.92115.
Post your guesses below!
1) XRP will close above 0.92115, respecting the ascending lower trendline and above the descending trendline.
2) XRP will close below 0.91895, below both the descending trendline and ascending trendline
3) XRP will close between 0.91895 and 0.92115, leaving us in further limbo
Time of post XRP 0.91562. I predict a "rally" to close above 0.92115.
Post your guesses below!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.