XRP / TetherUSUpdated XRPUSDT wants the weekly resistance?
XRPUSDT has recently seen a significant price movement. The pair had been trading within a descending channel, indicating a period of bearish sentiment and a potential for further price declines. However, the pair has now broken out of this channel, indicating a shift in market sentiment towards bullishness.
Currently, XRPUSDT is testing a resistance level on the 4-hour timeframe. If it manages to break through this resistance level, the weekly resistance at $0.51 could be the next target for the pair. This could present an opportunity for traders to take advantage of a potential price increase using Plancton's strategy.
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Follow the Shrimp 🦐
Keep in mind.
Currently, XRPUSDT is testing a resistance level on the 4-hour timeframe. If it manages to break through this resistance level, the weekly resistance at $0.51 could be the next target for the pair. This could present an opportunity for traders to take advantage of a potential price increase using Plancton's strategy.
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Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
Note
28% 
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