Key Points:
- Should price trend continue we face possible $3.40 peak followed by swing low of approx $2.60 or $2.40.
- Yes this seems very oversimplified.
- I can't take credit for the words "The Rippling" . . .but it feels right.
So here I am plotting my projections and planting my dreams in the make believe world of favorable appreciation . . . yeah go ahead judge me but hope sure makes me hungry for more positive price action.
Having shared an idea or two with datacorder, I borrowed a few of his boxes and plotted it onto my seemingly fitting fan which fell on the 3/1 support fin (not drawn as accurately as datacorder though).
Some boxes and arrows later, we have possible new highs of 3.40 with a swing low of 2.60 and 2.40 on the retrace. Ranging would follow.
The big question on my mind however regardless of whether the price trend continues is how Ripple would react to any further major swings from Bitcoin.
- Should price trend continue we face possible $3.40 peak followed by swing low of approx $2.60 or $2.40.
- Yes this seems very oversimplified.
- I can't take credit for the words "The Rippling" . . .but it feels right.
So here I am plotting my projections and planting my dreams in the make believe world of favorable appreciation . . . yeah go ahead judge me but hope sure makes me hungry for more positive price action.
Having shared an idea or two with datacorder, I borrowed a few of his boxes and plotted it onto my seemingly fitting fan which fell on the 3/1 support fin (not drawn as accurately as datacorder though).
Some boxes and arrows later, we have possible new highs of 3.40 with a swing low of 2.60 and 2.40 on the retrace. Ranging would follow.
The big question on my mind however regardless of whether the price trend continues is how Ripple would react to any further major swings from Bitcoin.
Note
And tracing my lines nicely...... Next goal, establish firm 3 dollar support
** This information is for educational purposes only and is not advice for investments or trading **
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.
** This information is for educational purposes only and is not advice for investments or trading **
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.