Recently XRP made a test towards the .50 region.
While many have said that this momentum could carry on, with the current macroeconomic forecast and how BTC and ETH still maintain their respective downward channels this should prove to be a correction upward to provide supply towards shorts to match the 'velocity' expected at the end of September across equities.
.34 and .24 are support bottoms on the way down.
While many have said that this momentum could carry on, with the current macroeconomic forecast and how BTC and ETH still maintain their respective downward channels this should prove to be a correction upward to provide supply towards shorts to match the 'velocity' expected at the end of September across equities.
.34 and .24 are support bottoms on the way down.
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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.