Take a look at the 4H chart showing what could have been a H&S pattern sending XRP down BUT, notice how:
1)he last few bear candles are retracing and we now have a nice green one forming and
2) how MACD is turning bullish and
3) how the 20EMA is acting as support and
4) how 50EMA just crossed OVER the 100EMA
Just like my IDEA on ETHERIUM, RIPPLE should be going UP UP UP.
What do you think?
1)he last few bear candles are retracing and we now have a nice green one forming and
2) how MACD is turning bullish and
3) how the 20EMA is acting as support and
4) how 50EMA just crossed OVER the 100EMA
Just like my IDEA on ETHERIUM, RIPPLE should be going UP UP UP.
What do you think?
1)The right shoulder is close to completion
2) MACD broke down further on the sell side after starting to go back into buy.
3) we already tested a very strong support (50EMA) which is all that stands between us and the neck line hence completing the pattern and sending XRP to approx $0.92
Watch carefully and be ready to sell when we close below the neckline at approx $1.065 or so
Good luck and as usual, these are just opinions so please do your own homework and research and trade responsibly.