Hello Everyone,
XRP has seen some significant downside after having a massive impulse to nearly $2. The XRP/USD chart is eerily similar to the DOGE/USD chart which has seen years of consolidation and has back tested a weekly resistance line and turned it into support before explosive upside action. We can see that same structure here in XRP forming. I suspect once we fallback down further test the region of 75-80c and confirm it as support, (HIGH DEMAND REGION) we can see great upside potential within XRP. With XRP looking great in the lawsuit and the imminent relisting from exchanges we can keep our heads up.
LONG ALL THE WAY
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XRP has seen some significant downside after having a massive impulse to nearly $2. The XRP/USD chart is eerily similar to the DOGE/USD chart which has seen years of consolidation and has back tested a weekly resistance line and turned it into support before explosive upside action. We can see that same structure here in XRP forming. I suspect once we fallback down further test the region of 75-80c and confirm it as support, (HIGH DEMAND REGION) we can see great upside potential within XRP. With XRP looking great in the lawsuit and the imminent relisting from exchanges we can keep our heads up.
LONG ALL THE WAY
Please give me a follow if you support this idea! I will follow back