XRPUSD 4H Frame Analysis

11月30日

We are seeing XRP breaking resistance at a good pace, having pullbacks to get liquidity before keeping the uptrend. In this scenario we see XRP trying to break the previous relative ATH.

Throwing a fibonacci it give us a possible area for a pullback, where the price can accumulate more liquidity before deciding to test the 2,00$ target and break further highs.

Keep your eyes peeled. Boost, share and comment any ideas that can add up more knowledge to it.

Thanks family!

12月4日

交易开始

We can see how the momentum of the XRP price is kept at a good pace pushing the price up. Price tested the 161,80% level of fibonacci. Time for accumulation before breaking either its previous high or previous low for more liquidity.

Any comments are very welcome!

12月10日

交易结束：到达目标

XRP looking for liquidity at 1.96$, where we can see some dips being bought. This scenario means we are ranging now from its high (2.70/2.65$ to its low 1.80/1.95$) leaving us within an area of accumulation if the price ends breaking the pattern that is forming right now.

To be continued.