lifestock

Decisive moment for XRP PT2

BITSTAMP:XRPUSD   리플
if you check out part 1 of this publication below you will see that target was spot on

Currently XRP price is attempting to re-enter the the uptrend, this broken uptrend is the make or breaker determining whether XRP is gonna continue upwards. If price manages to stay above $0.30 cents we will likely have another run into the high $0.5x area. But price is also facing a classic break of structure pattern: break support > retest > continue downwards, if this is the case, price will retest $0.19 - $0.17. If price stays above the 9 day SMA on 1D & 2D timeframes I say the probability of seeing high $0.5x's is likely. But on timeframes greater than 3D, indicators show that price is still pretty high and could be the catalyst for more drops in price.

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