XRP update

in cryptocurrency •  7 years ago 

The very wide spread of the major WMAs on the 4H chart shows how seriously XRP is overstretched to the upside. Nevertheless, given its very volatile nature, the last push to $0.86 or even to $0.98 is possible. To see such a development we need a 4H close above $0.74

Otherwise, 4H close below $0.71 implies continuation to $0.63 - 0.60.

Since XRP sits in the very apex of the triangular as well as in between the trigger levels at the time of this update both up and downside targets are equally probable.

https://www.mql5.com/en/charts/8053963/xrpusd-h4-simplefx-ltd

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  7 years ago Reveal Comment

Thanks @srezz. Always interesting to read your analysis

yo got it! $0,81 right now, well seen!

Congratulations @srezz! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You published 4 posts in one day
Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!