XRP Under Heading for Sub $3???
Updated
My first TA lol Please critique it and help me get better lol
[A key point in the analysis is the idea of a forthcoming downward move. ]
* If price is currently near the upper green line and gets rejected (i.e., it fails to close above it on strong volume), it’s likely to turn downward and test the lower boundary again.
* Since the channel is angled downward, each new low within that channel may be lower than the previous low. This trend is sometimes referred to as “lower highs and lower lows.”
* If this pattern stays intact, a drop under $3.00 is feasible, especially if the overall market sentiment is bearish or if broader crypto conditions aren’t favorable.
It’s important to note that predicting an exact time (like “by midnight”) is highly speculative. While chart analysis can outline probabilities, markets sometimes move faster or slower than anticipated—or do something entirely unexpected.
[A key point in the analysis is the idea of a forthcoming downward move. ]
* If price is currently near the upper green line and gets rejected (i.e., it fails to close above it on strong volume), it’s likely to turn downward and test the lower boundary again.
* Since the channel is angled downward, each new low within that channel may be lower than the previous low. This trend is sometimes referred to as “lower highs and lower lows.”
* If this pattern stays intact, a drop under $3.00 is feasible, especially if the overall market sentiment is bearish or if broader crypto conditions aren’t favorable.
It’s important to note that predicting an exact time (like “by midnight”) is highly speculative. While chart analysis can outline probabilities, markets sometimes move faster or slower than anticipated—or do something entirely unexpected.
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So I was kinda right and wrong. The price did drop but way faster than I thought it would. Now the new question is will it go lower?? 
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