This is a technical analysis of 
XRPUSDT on a higher timeframe so we can have an idea of the possible price action of Ripple.
I used a weekly timeframe.
As you make have observed on the chart, XRP was rejected at the historical resistance level.
It will dump to $0.60 before any chance of an uptrend because the pump was exit liquidity of those who have been holding XRP since the last bull season.
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XRPUSDT on a higher timeframe so we can have an idea of the possible price action of Ripple.I used a weekly timeframe.
As you make have observed on the chart, XRP was rejected at the historical resistance level.
It will dump to $0.60 before any chance of an uptrend because the pump was exit liquidity of those who have been holding XRP since the last bull season.
Follow me now for more crypto analysis
What are your thoughts about the analysis?
Let me know in the comment box
If you like this idea, please support it.
Cheers
Note
XRP really had some crashes according to my analysis.It makes sense to take profit here
Trade closed: target reached
Another massive profit!!!Follow me now for more profitable trade signals
Note
XRP even fell further... LOLCan we buy it now?
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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.