ðĨHey guys, quick wedge is forming for XRP on the 15 minute time frame, whichever way we break out should have a distinct impact on price action going into tomorrow and could help establish our next move.
ðĨAs of right now our next marking is at 0.408 and whether or not we break above or below this wedge should give some way for some big movements, just a quick overnight idea here but for some it could be useful, it at least demonstrates to us that we've got potential for these big moves still.
ðĨWe did also bounce above that 0.3829 point which signals we've got support there and will be our mark to watch should we exit below the wedge and fall we should expect to see support kick there if not above, otherwise we could get dragged back down to 0.379 and below depending on support and all of course.
ðĨThose EMA's on the smaller time frame will also indicate things ahead in a better fashion but for the most part this wedge has formed over two days and will definitely determine what our next moves could be. Thanks for tuning in, if you'd like to leave a like or follow it'd be much appreciated. Thank you.
~ Rock '
ðĨAs of right now our next marking is at 0.408 and whether or not we break above or below this wedge should give some way for some big movements, just a quick overnight idea here but for some it could be useful, it at least demonstrates to us that we've got potential for these big moves still.
ðĨWe did also bounce above that 0.3829 point which signals we've got support there and will be our mark to watch should we exit below the wedge and fall we should expect to see support kick there if not above, otherwise we could get dragged back down to 0.379 and below depending on support and all of course.
ðĨThose EMA's on the smaller time frame will also indicate things ahead in a better fashion but for the most part this wedge has formed over two days and will definitely determine what our next moves could be. Thanks for tuning in, if you'd like to leave a like or follow it'd be much appreciated. Thank you.
~ Rock '
