XRP vs SEC!! XRP Holds The Winning HandDaily Timeframe
Price has been Consolidating on the FIB level 0.382 for four days, the daily resistance @0.8763, with XRP having an on going case thus causing less volume of the coin being traded .
H4 Timeframe
The upward channel has been forming for the past week, From 29th - 31st candles have been consolidating on the trend line with no direction of the trend. The same trend had happened last week before the price created a new high @0.9000.
H1 Timeframe
Price is at trendline support level forming the Order Block, between 0.8500 & 0.8700 these been institutional levels, we see a dump back to 0.7700.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Relistxrp
XRP forecast for new ATHHey guys am back to give you my forecast on how xrp might hit its new ATH. As you all have notice its not that easy giving a forecast on xrp due to the issues and FUD its facing but bear with me here lets go back to November 2020 before all this mess started....
During the 20-25 November 2020 xrp broke out of the $0.25 signaling a start of a bullish trend, then on that December 2020 the law suit on Ripple started which caused us profit on the first Alt season it dropped to $0.20 then broke out of trend and formed a BB (similar to H&S) and then it broke out (confirming the BB) and shot up +/-210% to $1.91 and in that same month of April in retraced to a new low of $0.55 ,the from there it start forming another BB now we wait and see if it will like the 1st BB ?? Do you think it will??
And if does move exactly like the first one and shots up +/-210% it would take the price to $4 causing it to make a new ATH and a new low maybe between $1.60-$2.20...
kindly leave a comment on your thought and views
L.M