☀️ XRP SUPPORT! IMPORTANT READ ☀️
⚡️ Good afternoon everyone! Thanks for giving me the opportunity to entertain you for a bit with some words as usual, really appreciate it and want to give my thanks as always for the likes and follows, you guys have great and without further a due let's check it out!
⚡️ Here's my 1 minute chart with some annotations to simplify things.
⚡️ And here's the 5 minute chart:
⚡️ Five minute chart itself demonstrates how we've continued to trend within this channel that I pointed out a few ideas ago so seems that for now we're mainly sideways trading and soon enough we'll most likely see some impulse move in one direction or another like we've already seen as above. Only thing is that the above is minor movements compared to what a breakout or else could be of course.
⚡️I've also added in a new descending channel using the dotted black lines that you'll see and I added two new annotations for support's that XRP's found for future reference should we come back down or go visit those levels again.
⚡️ Have to leave for work but hope this idea is sufficient enough for now, just wanted to get something quick out especially being as the fact that we've lost our 200 EMA on the 15 minute chart with our 20/50 EMA's having flipped so it'll be interesting to see what happens next, but so far mainly just been sideways trading.
⚡️ XRP's definitely not giving up but that resistance has no doubt proven to be strong as sentiments around the case continue to swirl and arguments over twitter, etc no doubt may throw some influence but for now in the least we can know that the horizontal levels and points will do the job of helping us identify things best we can.
⚡️ Gonna end the idea here for today but thanks as always for giving me the chance to entertain you all for a bit, really wish the best and all the thanks for the likes and follow's you guys have continued to throw my way, thank you and all the best. Stay tuned for more!
~ Rock '
⚡️ Here's my 1 minute chart with some annotations to simplify things.
⚡️ And here's the 5 minute chart:
⚡️ Five minute chart itself demonstrates how we've continued to trend within this channel that I pointed out a few ideas ago so seems that for now we're mainly sideways trading and soon enough we'll most likely see some impulse move in one direction or another like we've already seen as above. Only thing is that the above is minor movements compared to what a breakout or else could be of course.
⚡️I've also added in a new descending channel using the dotted black lines that you'll see and I added two new annotations for support's that XRP's found for future reference should we come back down or go visit those levels again.
⚡️ Have to leave for work but hope this idea is sufficient enough for now, just wanted to get something quick out especially being as the fact that we've lost our 200 EMA on the 15 minute chart with our 20/50 EMA's having flipped so it'll be interesting to see what happens next, but so far mainly just been sideways trading.
⚡️ XRP's definitely not giving up but that resistance has no doubt proven to be strong as sentiments around the case continue to swirl and arguments over twitter, etc no doubt may throw some influence but for now in the least we can know that the horizontal levels and points will do the job of helping us identify things best we can.
⚡️ Gonna end the idea here for today but thanks as always for giving me the chance to entertain you all for a bit, really wish the best and all the thanks for the likes and follow's you guys have continued to throw my way, thank you and all the best. Stay tuned for more!
~ Rock '
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