Hello traders,
When i look at the daily which carry more weight and much more reliable than lower TF i don't think we are done with the selling pressure.
Since November high and this massive sell-off price kept making LH and LL, i know there is a lot of hype & excitement about XRP lately but to me it looks like the last pic we had around 0.37cents was just a LH and most of time we see LL right after.
Again unless we break that previous high or BTC decide otherwise because has everyone should know alts are followers not leaders i believe price will continue downward with potentially a retest of March 2019 low.
If so, price will need to stabilize and produce a setup, followed by a confirmation before we take on any new risk for a swing trade!
Thank you and take care!
When i look at the daily which carry more weight and much more reliable than lower TF i don't think we are done with the selling pressure.
Since November high and this massive sell-off price kept making LH and LL, i know there is a lot of hype & excitement about XRP lately but to me it looks like the last pic we had around 0.37cents was just a LH and most of time we see LL right after.
Again unless we break that previous high or BTC decide otherwise because has everyone should know alts are followers not leaders i believe price will continue downward with potentially a retest of March 2019 low.
If so, price will need to stabilize and produce a setup, followed by a confirmation before we take on any new risk for a swing trade!
Thank you and take care!
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。