XRP Is Not A Speculative Investment, 5$ !!
XRPUSDT formed support at $0.81 with the channel broken @ FIB 61.8% ($0.86). Price is getting back to the resistance, a pull back happened to create momentum which will break it. With the impacts of the current suit case, XRP has been bullish fatigue; however, a positive rumour drove the price to a high of $0.9 back on March 27-28, and if XRP is really winning, in long term it will cause a major market shake and taking the prices to $5 or above.
In general XRP is bullish, but fundamentally speaking, the news is causing investors to hold, leads to lower market volume, we see that in the formation of 4H candlesticks
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
In general XRP is bullish, but fundamentally speaking, the news is causing investors to hold, leads to lower market volume, we see that in the formation of 4H candlesticks
We will discuss more on the possibility on our Live. Stay tune and check with us!
Want more insights before US market open? Hit Like, Share, and Subscribe for more daily trading tutorial & cryptocurrency news
Trade Scholar, the best cryptocurrency educational community online!
Find the content above difficult to understand?
Feeling lost about how to trade?
Want to learn how to do your Own Price Prediction?
We endeavour to share you our investment knowledge & experience in order to help you starting your path to financial freedom. Follow, Subscribe & Join our Community to trade together!
Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
