XRP: The Worst is Over?

in bitcoin •  7 years ago 

xrp.jpg

Hey Crypto Nation,
I hope you're having a great week so far. Here's a technical analysis of XRP.

You can see the red line (0.71501) which is daily support, has been fairly well maintained thus far. That support also falls at a 38.2% fibonacci, offering confluence and a further buy signal.

However, I'd also be aware of the potential Head & Shoulders pattern (purple triangles) because it's downside target is $0.62. Trade safe!

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7 years ago by

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      ·  7 years ago 

    I sure hope so, I was lucky to buy in at .16 cents but I got the taste of 4 bucks and refuse to sell until he goes up to 10!

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        ·  7 years ago 

      That’s awesome. I started buying at $0.76 lol

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