We saw H&S pattern and than an unsuccessful breakout.
Price couldn't brake the resistance. Going below cloud now (bearish).
Price is below EMA50.
RSI Stoch still has a room to go down.
XRP has media power, crowd is buying it. But don't forget it fell %95 from it's ATH last cycle.
I would buy 10800-12000 area if i love the XRP. (Real buying oppurtinity was one month ago)
It is Ripple, we can't know everything about it. But i won't touch now.
-I won't mean it will go to x3 if everything goes good for xrp-
Price couldn't brake the resistance. Going below cloud now (bearish).
Price is below EMA50.
RSI Stoch still has a room to go down.
XRP has media power, crowd is buying it. But don't forget it fell %95 from it's ATH last cycle.
I would buy 10800-12000 area if i love the XRP. (Real buying oppurtinity was one month ago)
It is Ripple, we can't know everything about it. But i won't touch now.
-I won't mean it will go to x3 if everything goes good for xrp-
Kommentera:
XRP is below cloud.
Trade stängt manuellt:
Looking to weekly chart, it is cripple. You can still catch the local bottoms and make gains but it is too risky to play. There are better oppurtinites than XRP in market. Ripple's bull cycle can be finished for now.
Trade stängt: målet nått