XRP already at the bottom of the 4H demand zone, doesn't look like it will hold either.
If zone breaks, looking at a 28.1% drop to the monthly demand zone (light grey), or a deeper drop into the weekly zone (dark grey) inside the monthly zone which represents a 43.6% drop.
If zone breaks, looking at a 28.1% drop to the monthly demand zone (light grey), or a deeper drop into the weekly zone (dark grey) inside the monthly zone which represents a 43.6% drop.
Note
Safe to say, this idea played out perfectly.Disclaimer
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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.