the weekly price action is strong
it may be that it only takes one or two candles to take out the ATH
possible, scenario is that xrp does not experience any significant retrace until reaching the ATH
a trace back to the .50 fib level is possible
depending on the strength of the buying we could also sail past the ATH and retest
good luck in your trading
I am holding a position trade (could be months before I sell a single zerp)
it may be that it only takes one or two candles to take out the ATH
possible, scenario is that xrp does not experience any significant retrace until reaching the ATH
a trace back to the .50 fib level is possible
depending on the strength of the buying we could also sail past the ATH and retest
good luck in your trading
I am holding a position trade (could be months before I sell a single zerp)
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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.