ETH have 3 possible move in the next few days/weeks which are all almost identical , but no way we can tell what would it be with the current trend right now. However, if we do see it march towards it's all time high ($4000~) then expect for it to fail and come back around ($2000-2500).
I would assume if that's the move then XRP will likely dip all the way to .75
We don't have enough indicators to tell us where we will be going which usually what happens after a major correction, so we could just move sideways for the past few days until the dust settles
I'm expecting to see XRP test its EMAs and tighten the gap between 20 and 40 EMA, forming a lower highs and higher lows.
I'm looking for a double bottom or a triple bottom indication for the next few days, if we do see XRP form those, then expect the pattern to be reversed
There's a huge possibility we go back to .75 before a major break out to retest the weekly EMA and take out the swing pattern from the past bull run before heading back up.
Ciao
I would assume if that's the move then XRP will likely dip all the way to .75
We don't have enough indicators to tell us where we will be going which usually what happens after a major correction, so we could just move sideways for the past few days until the dust settles
I'm expecting to see XRP test its EMAs and tighten the gap between 20 and 40 EMA, forming a lower highs and higher lows.
I'm looking for a double bottom or a triple bottom indication for the next few days, if we do see XRP form those, then expect the pattern to be reversed
There's a huge possibility we go back to .75 before a major break out to retest the weekly EMA and take out the swing pattern from the past bull run before heading back up.
Ciao