$XRP trendline held since March 2020, apex coming up.

18 de dez. de 2022

XRP has held this trendline since March 2020. Key levels that hit and bounced perfectly are around .10 (covid crash), .17 (lawsuit crash), and .28 (June low).. in an uptrend overall and has held this trendline on any market weakness. For example, the crypto market was weak early November and it wicked to the trendline perfect and gravitated up from it.. (Nov. 9th & 14th) Right now XRP is around .35.. I expect it to hit .33 on the trendline and bounce. Also, if you see the downtrend line from the 2021 high connected with this uptrend line from March 2020, the apex seems to be coming soon. No, it depends on where you put the line exactly, I lined it up to the most touchpoints and didn't worry about the high wicks. Apex should be around January - March, expecting a somewhat big move, potentially off of news (lawsuit, stock market, fed, etc.) Personally, I'm bullish and think now and .33 are great long term buys. Also, another thing I noticed. The key lows I mentioned around .10 (covid crash), .17 (lawsuit crash), and .28 (June low) can all be calculated with a golden ratio calculator. .10 in the shorter section gives you around .16/.17.. plug that into the shorter section and you get .27/.28... If that continues, the next key low would be .45/.46.. which is above todays price. So, I think anything between .33 (doubt we go under) & .45 are BUYs. *Not financial advice*

20 de dez. de 2022

Trade fechado: objetivo atingido

.33... BUY