XRPUSDT "Double bottom" and a rise to $0.60 or fall to $0.21?
Global chart of the XRPUSDT pair on 3-D time frame.
Now, probably, completing the formation of the "second bottom"
The goal of working out such a pattern is in the area of $0.55-0.60 per XRP
Also, Ripple price is now near the critical point of $0.30. If the sellers manage to fix the price below $0.30, then nothing will prevent it from falling to the bottom in the zone of $0.21-0.25
In principle, the situation on the XRPUSD chart is very similar to that on the BTCUSDT chart we wrote about earlier.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Now, probably, completing the formation of the "second bottom"
The goal of working out such a pattern is in the area of $0.55-0.60 per XRP
Also, Ripple price is now near the critical point of $0.30. If the sellers manage to fix the price below $0.30, then nothing will prevent it from falling to the bottom in the zone of $0.21-0.25
In principle, the situation on the XRPUSD chart is very similar to that on the BTCUSDT chart we wrote about earlier.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
Related publications
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.