Ripple - Is it a trap again or will XRP fly up 😱❓
Updated
What's on the Ripple chart now?
This is the second time Ripple has broken the trend line, which has been building since June 19. The first time it was a trap. Could it also be a trap? Of course, it is! From a technical analysis point of view, it is a good buying opportunity, as the price has broken the resistance line and is now testing it as support.
If this support line holds, the price will probably go significantly higher, but if it doesn't and the price goes back lower, it will likely fall back to the marked area.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
This is the second time Ripple has broken the trend line, which has been building since June 19. The first time it was a trap. Could it also be a trap? Of course, it is! From a technical analysis point of view, it is a good buying opportunity, as the price has broken the resistance line and is now testing it as support.
If this support line holds, the price will probably go significantly higher, but if it doesn't and the price goes back lower, it will likely fall back to the marked area.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Comment
Ethereum went to the second scenario, tested as resistance, and is now heading lowerTrade closed: target reached
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