XRP/USD
I'm sure that several people are hoping to see a pump prior to the Ripple Swell event, unfortunately, we are usually let down.
In my opinion, and not financial advice, we may see .29 with a small sell off during the event (vertical dashed lines). MA 100 is current support.
The current fractal is very similar to the previous (in the blue channel). Is it possible that it plays out the same? .2655 was previous support (green trend line), and seems very likely that it will once again become support before a rally to .33 (red trendline). If .33 is flipped from resistance to support, then we may see a bigger rally - perhaps the H&S from my previous idea for XRP/USD could become a reality.
In my opinion, and not financial advice, we may see .29 with a small sell off during the event (vertical dashed lines). MA 100 is current support.
The current fractal is very similar to the previous (in the blue channel). Is it possible that it plays out the same? .2655 was previous support (green trend line), and seems very likely that it will once again become support before a rally to .33 (red trendline). If .33 is flipped from resistance to support, then we may see a bigger rally - perhaps the H&S from my previous idea for XRP/USD could become a reality.
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