That’s just the beginning for xrp users and fans ,this what my technical analysis report shows ..the points are dam exact,(though it was a prediction )
Note:-(As we no crypto is all bout risk taking)
No one is there to guess the exact point or price it’s just prediction .
There is a higher probability that the price may test the previous lows in the coming months if no other fundamental catalyst is involved. Then there may be a price surge to about 50 % before making any further corrections.
XRPUSDT Graph 4h.
Reason and Confluences:
1.Equal Rsi divergence on the both time frame daily and 4h.
2.there's a clean falling wedge pattern.
3.following double bottom.
interesting to see If and Then scenario how will it work out.
Fear stands for - False Evidence Appearing Real.
#XRPUSDT #cryptocurrency #TradingView @in_tradingview
XRP is going to test its previous lows which is an area of major support.
This level was reached two times in the previous months.
This level was formed on the second week of December 2018 and was tested initially on last week on January 2019.
If this support couldn't hold then the market will further go down to the support formed on the second week of August...