Looking at ripple I notice a symmetrical triangle formation with declining volume. Looking to bounce of the bottom trend line and hit our target (2), then proceeding to fall to our red target (3) and finally rising to our green target (3) before breaking out of the triangle and attempting to reach our target based off the price range from our green(1) to red(2).
Comment:
We dipped below our support line and then came back up. If we break this support line even more (bottom blue line) expect to go down. It is barley holding but lets see what happens
Comment:
Still holding the line. Continue to watch the bottom support
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Here's a closer look at how critical that support line is. We are bouncing off each time the price approaches it. This is a good sign, just need to get above it. I think its a good probability we will hold considering bitcoin is likely to go up right now as well, so surely XRP will follow.
Here's a closer look at how critical that support line is. We are bouncing off each time the price approaches it. This is a good sign, just need to get above it. I think its a good probability we will hold considering bitcoin is likely to go up right now as well, so surely XRP will follow.
Comment:
Bounced off the support line flawlessly. That green 2 wave has now started up
Order cancelled:
Idea is now invalid... Followed bitcoin