XRP approaching resistance of 8500 satoshis. If it breaks final Elliott wave is possible.
A lot of good news appeared for XRP lately.
Target 11k satoshi.
A lot of good news appeared for XRP lately.
Target 11k satoshi.
Trade fechado: objetivo atingido:
Target reached at 11k. the next is 13k.
Trade fechado: objetivo atingido:
The second target reached. I closed the trade at 13k. It seems overbought now.
RSI is over 80 on the daily chart.
RSI is over 80 on the daily chart.
Comentário:
ripple (xrp) reached extreme hights because of the positive news. I think that it is overbought and retrace to 125k is possible.
Trade fechado: objetivo atingido:
As I predicted ripple was really pumped too much, and retrace happened. One more correction wave is possible. I think that the next period will be period of consolidation.