Hello all here are some point and figure targets for you to look at and be aware of the Key levels of support and resistance
Unfortunately until the price crosses the red line XRP is still in a bear trend and the lower price levels have a chance of being hit
That last channel of 'O' could be argued to make a horizontal count suggesting a lower level target too. Which is currently below zero so not shown here.
Good luck to all trading this, it is a favourite of mine having still done very nicely in the past.
The cluster of much higher price targets shows good hope and if you pick it up at these levels now and can stomach further drops it could be a bargain
Ideally you buy it went it confirms a new bull market crosses the red line and its a new uptrend. Then it most likely will move up to the next higher targets
That could be this bull cycle or the next PnF is now so good at telling when the target will be hit only that one day it most likely will be
Unfortunately until the price crosses the red line XRP is still in a bear trend and the lower price levels have a chance of being hit
That last channel of 'O' could be argued to make a horizontal count suggesting a lower level target too. Which is currently below zero so not shown here.
Good luck to all trading this, it is a favourite of mine having still done very nicely in the past.
The cluster of much higher price targets shows good hope and if you pick it up at these levels now and can stomach further drops it could be a bargain
Ideally you buy it went it confirms a new bull market crosses the red line and its a new uptrend. Then it most likely will move up to the next higher targets
That could be this bull cycle or the next PnF is now so good at telling when the target will be hit only that one day it most likely will be
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.