💥 XRP SLIPS BELOW TEST 💥
💥 Thanks for joining in ladies and gentlemen, this will be quick.
💥 With XRP having slipped below our horizontal test level at 0.688 we'll have to watch for support or at least some form of a push back up above that in hopes to regain that 200 EMA. Since we've lost it on the 1 hour timeframe we've failed to regain it forming lower high's on the local and ultimately sending us to where we are now.
💥 This is a pretty critical point of course being that we haven't been at this point since july 23rd though if past price action is anything to show more than likely we'll get a support and some sort of bounce back up like we did previously but if we can't sustain that then chances are we'll fall further though the hope is we avoid that of course.
💥 Just wanted to get that out quick for you guys, below is the 1 minute chart if that may help some more.
💥 Since this is only our second time down here basically since the run up expect stuff to be volatile and whales to possibly start making some trades with some exiting or some possibly entering buy positions if we get lucky enough for that support of course.
💥 I've got to go but wanted to get something out real quick, tomorrow's idea should be better and will allow me to dive in more on some stuff I've been meaning to so feel free to keep tuned and leave a like or follow for now, really helps and all the best till then!
~ Rock '
💥 With XRP having slipped below our horizontal test level at 0.688 we'll have to watch for support or at least some form of a push back up above that in hopes to regain that 200 EMA. Since we've lost it on the 1 hour timeframe we've failed to regain it forming lower high's on the local and ultimately sending us to where we are now.
💥 This is a pretty critical point of course being that we haven't been at this point since july 23rd though if past price action is anything to show more than likely we'll get a support and some sort of bounce back up like we did previously but if we can't sustain that then chances are we'll fall further though the hope is we avoid that of course.
💥 Just wanted to get that out quick for you guys, below is the 1 minute chart if that may help some more.
💥 Since this is only our second time down here basically since the run up expect stuff to be volatile and whales to possibly start making some trades with some exiting or some possibly entering buy positions if we get lucky enough for that support of course.
💥 I've got to go but wanted to get something out real quick, tomorrow's idea should be better and will allow me to dive in more on some stuff I've been meaning to so feel free to keep tuned and leave a like or follow for now, really helps and all the best till then!
~ Rock '
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