My daily Gann Square set-up indicates that Ripple may enjoy upwards support from the 3rd arc pair. Targets could be EMA 20 and MA 50.
The assumption should be rubutted if XRP falls below .0401 USD.
Please note that the notion of arc support can be quite speculative after previous volatitly in my opinion.
The assumption should be rubutted if XRP falls below .0401 USD.
Please note that the notion of arc support can be quite speculative after previous volatitly in my opinion.
Note
Ripple seems to be quite unimpressed by the 3rd arc pair. It looks like we will exit the arc pair tomorrow without any impact on price. But there are still a couple of hours to go. Maybe we can see some price action after the US tax deadline around the 16/4
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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.