XRP/USD: Equilibrium, Break Coming!
XRP/USD has slightly broken the upward channel already and turned into a horizontal Equilibrium:
Should the bulls manage to a get a bounce going on from here (depending on the BTC bulls), we can further tighten in this EQ zone.
If we loose 28,5 Cents to the downside, this can lead to a bigger bear break.
Runar is currently still green on the 1H on Bitfinex, but turned red on the other exchanges already. On the 4H we're still green.
If you had some value from our analysis, give it a thumbs-up & comment it, because the mechanism shows our analysis to other people then. Make also sure to follow us so you get notified on our analyses! I wish you a good trading! :)
Edgy is providing online education & indicators only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Should the bulls manage to a get a bounce going on from here (depending on the BTC bulls), we can further tighten in this EQ zone.
If we loose 28,5 Cents to the downside, this can lead to a bigger bear break.
Runar is currently still green on the 1H on Bitfinex, but turned red on the other exchanges already. On the 4H we're still green.
If you had some value from our analysis, give it a thumbs-up & comment it, because the mechanism shows our analysis to other people then. Make also sure to follow us so you get notified on our analyses! I wish you a good trading! :)
Edgy is providing online education & indicators only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
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