XRP STILL PARABOLIC!!!
XRPUSDFrom last nights video I said we were already in a parabolic state even though price is coming down right now it's already rejecting 27-28 cents and still shows hidden bullish divergence on the 1hr chart. I am expecting price to continue moving higher starting next week.
Blue zone is established support and is holding to as such to bring more momentum to the upside.
Red lines beneath are danger zones for XRP meaning if we break blue zones prices will diminish rapidly with a new lower price possibly down to 16 cents.
Conclusion: Price must remain about blue zone without breaking bear fractal. Stay alert and 2020 is the year of XRP
EOY Prediction: $10-$27
Follow me on Twitter and Subscribe to my youtube channel at youtube.com/cashflownexus
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.