ðĨ XRP IMPORTANT READ ðĨ
ðĨ Hope everyone's doing alright today. Just wanted to come in with a quick yet important TA here for you guys. Haven't been able to post for a few days but wanted to at least get something in even if it's short. Anyway thanks for tuning in, as always any likes and follows are appreciated and help out, thanks.
ðĨ Past few days have definitely been a lot for XRP anyhow with us testing that 0.492 horizontal level of support after having regained our 200 EMA which is encircled. Anyhow once support was tested twice we can see how we ended up breakout out breaking past 0.50.
ðĨ I've added this new dotted marked line for you guys at 0.50 to represent that level of what's been resistance as well as our breakout. That did end up pushing XRP up to 0.526 in a real quick impulse wave before things settled down with our 20 day EMA having strayed a bit too far from our 50 thus the fall after was just as quick.
ðĨ To look at where we are at now, we're at another test point basically testing my 0.492 horizontal level for support as we seek to regain that 200 EMA. I already encircled where we've last lost it and now we just need to regain it but consider this a channel between 0.492 and 0.50. We break below and we fall, above and we breakout more than likely.
ðĨ I have to go but wanted to at least get this out for those of you that care to tune in. Thanks as always for reading if you've made it this far and as always I appreciate any follows or likes and they always help me in my efforts, thank you and wishing well.
~ Rock '
ðĨ Past few days have definitely been a lot for XRP anyhow with us testing that 0.492 horizontal level of support after having regained our 200 EMA which is encircled. Anyhow once support was tested twice we can see how we ended up breakout out breaking past 0.50.
ðĨ I've added this new dotted marked line for you guys at 0.50 to represent that level of what's been resistance as well as our breakout. That did end up pushing XRP up to 0.526 in a real quick impulse wave before things settled down with our 20 day EMA having strayed a bit too far from our 50 thus the fall after was just as quick.
ðĨ To look at where we are at now, we're at another test point basically testing my 0.492 horizontal level for support as we seek to regain that 200 EMA. I already encircled where we've last lost it and now we just need to regain it but consider this a channel between 0.492 and 0.50. We break below and we fall, above and we breakout more than likely.
ðĨ I have to go but wanted to at least get this out for those of you that care to tune in. Thanks as always for reading if you've made it this far and as always I appreciate any follows or likes and they always help me in my efforts, thank you and wishing well.
~ Rock '
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