$XRP - Previous resistance becomes support, correction finished?
If you look back through the $XRP 4H chart you will see that previous resistances have become support. There was a drop to 0.0000825 (possibly a bull trap), but because of how quick it happened and shot back up to 0.0000843 it could possibly fall back to this area to complete the C wave correction.
RSI uptrend is still in play, previous supports at 16.5 and 29.9 and a double bounce back up at 34.3. This could drop to 29.9 but the uptrend will still be in play.
This is not trading advice, I use this as an education purpose and for fun. Corrective criticism is always welcome
RSI uptrend is still in play, previous supports at 16.5 and 29.9 and a double bounce back up at 34.3. This could drop to 29.9 but the uptrend will still be in play.
This is not trading advice, I use this as an education purpose and for fun. Corrective criticism is always welcome
