This is a technical analysis of
XRPUSDT
on a higher timeframe so we can have an idea of the possible price action of Ripple.
I used a weekly timeframe.
As you make have observed on the chart, XRP was rejected at the historical resistance level.
It will dump to $0.60 before any chance of an uptrend because the pump was exit liquidity of those who have been holding XRP since the last bull season.
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XRPUSDT
on a higher timeframe so we can have an idea of the possible price action of Ripple. I used a weekly timeframe.
As you make have observed on the chart, XRP was rejected at the historical resistance level.
It will dump to $0.60 before any chance of an uptrend because the pump was exit liquidity of those who have been holding XRP since the last bull season.
Follow me now for more crypto analysis
What are your thoughts about the analysis?
Let me know in the comment box
If you like this idea, please support it.
Cheers
Trade closed: target reached:
Another massive profit!!!
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Comment:
XRP even fell further... LOL
Can we buy it now?
Can we buy it now?
It makes sense to take profit here