As predicted in my pervious report on XRP, the price has broken out of the bearish flag formation and is on its way to the key support level of $0.65 (orange dashed line), which can be seen as bad but if you see the level is a strong support and resistance level and should act as a bottom. A signal of confluence seen on the chart is also a double bottom which is a great bullish indications for the medium term, depending on the fundamentals whether they will play nice as there is so much manipulation lately.
we are still set for a big move to the upside and the question is not "if", but "when" will this break out occur and time will tell. I am still mega bullish and am seeing all of this as a major accumulation phase..
do you think the bull market is finished? if so give me a valid reason away from the obvious reason that we are creating lower lows and lower highs.
thank you.
we are still set for a big move to the upside and the question is not "if", but "when" will this break out occur and time will tell. I am still mega bullish and am seeing all of this as a major accumulation phase..
do you think the bull market is finished? if so give me a valid reason away from the obvious reason that we are creating lower lows and lower highs.
thank you.