XRP

30 maj 2021

Due to numerous requests, I am publishing a technical analysis on XRP. Unlike #BTC, where the Wedge was formed and executed, the ABCD pattern was formed on XRP, which is a growth entry pattern. Point D of this pattern can be located at a distance from 127% to 161% from point B, at the previous admissible level of exactly 127% (yellow point at the red price level of 0.6530), after which an attempt is currently underway to execute this pattern up to the historical $ 1.96 high. A situation may develop when XRP falls to the level of the red point at the red price of 0.3644, reaching the value of point D at 161%. Any re-entry into the green square is a normal execution of the ABCD pattern, from where growth to historical highs is inevitable. Personally, I have been in the position for a long time, during the recent fall I bought more at the level of 0.6530, and I will buy more if XRP gives such an opportunity.