Ah! You thought I almost forgot! We'll we can never forget our favorite coin, XRP. Before I start please feel free to leave a like and follow as it always helps me and motivates me to continue on.
Keep posted and follow to get the best updates and news you'll need! Thank you and always be sure to do your own proper DD and research as well before making and trading decisions, thank you!
~ Rock
- We noted how XRP fell below our sideways channel and how we would want to see it enter within that channel again to at least get another gauge on things. It has indeed entered that channel and we can see how it is doing it's best however keeps hitting that 0.39 resistance over and over. Now as far as things are right now if we don't break above that 0.39 we'll likely keep moving down till some whale or MM's decide they want to change things and push us back above that mark. Till then that's our crucial target we want to break above and see some support form before coming in with a bullish attitude as right now the market of course simply hasn't been feeling it this week.
- So keep that in mind and if we look at the descending channel we can see that we are getting closer to the channel's top again. Now that's not too hard considering it's still going down while we are now trading relatively sideways and in general that would bring us to it, but keep an eye out for that as you'll see bears try to dump and hit us at that point so to avoid us from breaking above the descending channel. But I'm happy to see us getting closer to that at least since by this point more likely than not we will see a breakout at that point and hopefully this time it can propel us to those good digits we were at only a month ago.
Keep posted and follow to get the best updates and news you'll need! Thank you and always be sure to do your own proper DD and research as well before making and trading decisions, thank you!
~ Rock
