Hey, wishing everyone well as always! Just wanted to put up a quick follow up after the breakout!
In our previous idea we mentioned the two scenario's and thankfully we we're hit with that support which kicked in to pull us further away from that resistance line thanks to support that pulled us above the 200 EMA once our 20 and 50 EMA's reversed that helix again.
As I write this idea the next resistance point will be 0.37 as we've already seen was the mark of two important movements already with that first move below 0.3745 basically brought about the big sells real quick. The same thing then happened when it was retested and upon failing to make the push above was pulled down to nearly the same low as the first drop.
Right now is gonna be the second retest of 0.375 and will be important no matter what, but could also signal another drop much like the past price action shows, or an incredible push and breakout above 0.375 which would be bullish to see though considering how fast and impulsively we've climbed with this mountain we could see the latter happen as one scenario but one way or another whether we fall down a bit after that retest or drop, we know that support and demand is here no matter what.
We will make it in the end no matter what and XRP will help to change the foundation of the financial system as it already is doing and has been working on for the past decade. One way or another, XRP is here to stay and will push hard as it always does. So watch those EMA's and that retest, alongside our 0.367 indicator should we experience any dramatic drop.
Any likes and follows are always appreciated! Simply doing what I can and always trying to keep you guys posted, wishing nothing but the best to everybody alongside a cheers to the bright future ahead.
~ Rock '
In our previous idea we mentioned the two scenario's and thankfully we we're hit with that support which kicked in to pull us further away from that resistance line thanks to support that pulled us above the 200 EMA once our 20 and 50 EMA's reversed that helix again.
As I write this idea the next resistance point will be 0.37 as we've already seen was the mark of two important movements already with that first move below 0.3745 basically brought about the big sells real quick. The same thing then happened when it was retested and upon failing to make the push above was pulled down to nearly the same low as the first drop.
We will make it in the end no matter what and XRP will help to change the foundation of the financial system as it already is doing and has been working on for the past decade. One way or another, XRP is here to stay and will push hard as it always does. So watch those EMA's and that retest, alongside our 0.367 indicator should we experience any dramatic drop.
Any likes and follows are always appreciated! Simply doing what I can and always trying to keep you guys posted, wishing nothing but the best to everybody alongside a cheers to the bright future ahead.
~ Rock '
