Hi Everyone,
I am expecting a further decline in prices.
I am looking towards to 27c-30c region for XRP.
Within this zone I expect the completion of a harmonic move/abcd.
We have a strong area of support here and the 1.618 extension level acting as confluence.
This would be a great price level to refill my bag of xrp.
I have been dollar cost averaging, all the way down. Therefore, already have a decent position in xrp.
Now it's about having patience for price to hit these levels, avoiding the urge to FOMO.
Note that the next level would be around 20cents.
I am expecting a further decline in prices.
I am looking towards to 27c-30c region for XRP.
Within this zone I expect the completion of a harmonic move/abcd.
We have a strong area of support here and the 1.618 extension level acting as confluence.
This would be a great price level to refill my bag of xrp.
I have been dollar cost averaging, all the way down. Therefore, already have a decent position in xrp.
Now it's about having patience for price to hit these levels, avoiding the urge to FOMO.
Note that the next level would be around 20cents.
Trade active
Note
Seeing a nice rise at the moment !
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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.