Get started

Rippleanalysis

XRP. Time to buy! 0.28-0.32$In previous ideas, I predicted the correction of this coin, after its growth on September 20th. At the moment, it seems to me that the crypt market correction is over. If we analyze the volumes of this coin, it is clear that the volumes became worse after the breakthrough of $ 0.38 ( for this level I published the idea on November 14 ): Therefore, I conclude that the current price zone is interesting for buyers. On horizontal volumes it is clear that in this zone there was a good consolidation and interest: 0.32 $ is the lower limit of this liquidity zone. Also at this price is the global wave Y = W (if not take into account the shadow of September 20) or, Y = 0.618 * W (if this shadow is taken into account): If you take the wave Y, and divide it into a, b, c. it turns out that in the price of 0.32 and 0.28 $ there are also strong levels: Therefore, the wave analysis only confirms that in this range should begin at least a rebound to 0.38-0.4 $. At this point, buyers should show what they are capable of. If this forecast is implemented, then I'm creating a new idea about the prospect of growth.
BITFINEX:XRPUSDLong
by P_S_trade
12