Possible (confirmed by end of July) Higher High on XRP Monthly!?
I am far from certain about the exact trajectory $XRP would take to ATH - it may consodliate longer, or suddenly decide to take a steeper route, so a disclaimer is in order: I fully expect the slope and the timing of the path might look somewhat or even very different...
The point of this chart however, is to see what happens IF we don't close this month under the previous swing low, we might get a higher high as a base for more pre-moon accumulation.
It is also worth noting that flat parts of Ichimoku charts tend to pull price.
NOTE: It goes without saying, but I'll say it anyway: this chart does not represent prediction or advice to buy, but simply a study, mainly for my own future reference
The point of this chart however, is to see what happens IF we don't close this month under the previous swing low, we might get a higher high as a base for more pre-moon accumulation.
It is also worth noting that flat parts of Ichimoku charts tend to pull price.
NOTE: It goes without saying, but I'll say it anyway: this chart does not represent prediction or advice to buy, but simply a study, mainly for my own future reference
Trade active:
As expected, the trajectory is off... as the case may be $XRP is actually rising more quickly. The general idea - W bottom with a higher low - has been confirmed, and I fully expect us to soon also have a confirmed higher high...