XRP as you know wash out all its prior losses and investors are happy.
Let review what we are seeing right now...
- The bounce comes from the same log line which gives 2017 bull run - Right now price is at the line which gives 2020 bull run - I copied bar pattern from 2020 to mirror the move in 2025 - The price point I get is around $15
- We have a resistance ahead that can push the price down but you guiding line use your entry to model to enter in any direction.
Legen: - The red circles and lines are presenting Resistance. - The green circles and lines are presenting Support. - The yellow one is showing 2020 move.
See you at the moon...!!
Trade active
Well alot of people think these are jus some random trendlines on the chart....NOPE
These are fib channels which are drawn using price and time relation using harmonics. So dont take them as random lines otherwise we wont be getting 2017 run and 2024 run on the same line.
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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.