The XRP community is pretty excited right now. So, I'm just throwing this out there to show what's been happening.
Remember, we are still in a range.
1/3
Remember, we are still in a range.
1/3
And, the price action over the last day has been a 0.702 retrace of the down move from April 6 - April 12.
Ranges can be brutal. And they can take a long time, revisiting the upper and lower boundaries. As for breakouts on the USD chart, we don't have any just yet.
2/3
Ranges can be brutal. And they can take a long time, revisiting the upper and lower boundaries. As for breakouts on the USD chart, we don't have any just yet.
2/3
We just have to be patient, and for me, the real excitement starts once the last fib levels can crack with conviction, which is around $1.75.
3/3
3/3
And... 4/3...
For an example of how that can happen, here is Bitcoin within an accumulation range structure.
The arrow points to an equivalent location of where XRP is currently within its month long range structure. A similar move would shock the XRP/USD chart to around $1.00.
For an example of how that can happen, here is Bitcoin within an accumulation range structure.
The arrow points to an equivalent location of where XRP is currently within its month long range structure. A similar move would shock the XRP/USD chart to around $1.00.
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