Wyckoff accumulation correction
Hi there fellow XRP investors
The idea I am presenting today is that XRP has bottomed prior to its massive capitulation that occurred and enough time has elapsed for a complete bear correction to play out. At this exact moment, XRP is ready for a breakout to the 0.702 fib level which is around the $1.40 price range...
It could be a couple of days or a week from now but the XRP price chart says we are ready to break out. We have seen this trend pattern occur for bitcoin in the 2018 bear market and compared to XRP there is a similarity.
I will be keeping you updated and referencing more on this idea as we near the breakout
Be sure to like a comment on your thoughts about this IDEA.
The idea I am presenting today is that XRP has bottomed prior to its massive capitulation that occurred and enough time has elapsed for a complete bear correction to play out. At this exact moment, XRP is ready for a breakout to the 0.702 fib level which is around the $1.40 price range...
It could be a couple of days or a week from now but the XRP price chart says we are ready to break out. We have seen this trend pattern occur for bitcoin in the 2018 bear market and compared to XRP there is a similarity.
I will be keeping you updated and referencing more on this idea as we near the breakout
Be sure to like a comment on your thoughts about this IDEA.
Nota
XRP so far has managed to stay above support level still validating the idea of Wyckoff accumulation, this week is a big week for XRP , lets see what we can make of it .
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.