XRP attempted to break this flag formation twice with no conviction. The result was a breakdown of the range bound trading and a move to the 200 EMA on the 15 minute chart and perhaps final support point of this down-sloping channel. We will need to reverse back up strong if the long awaited $0.27 target will ever be seen. If the Flag fails will should see price return to $0.25.
Feel free to leave a comment ! Let me know what you think !
Feel free to leave a comment ! Let me know what you think !
Komentarz:
0.618 support
Komentarz:
0.382 support
0.382 support
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4 H timeframe
4 H timeframe
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Komentarz:
Approaching critical resistance!
Approaching critical resistance!
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Breakout seems suspect at the moment
Breakout seems suspect at the moment
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