ð XRP REBOUND POINT? ð
âĄïļHey guys, just making a quick post before I go to sleep, this may be the start of XRP's Rebound following this whole dramatic sell off we've been dealt the past few hours, I've attached the minute chart below which really shows just what you need to see and keeps things simple.
https://www.tradingview.com/x/g5gq0Ng6/
âĄïļWe can already see that we've bounced off our 0.338 support point and are holding the line with two tests already at 0.338 before exiting that descending wedge which the minute chart already demonstrates.
âĄïļShould we continue pushing and form a higher high above that previous mountain we had at 5:00, things shouldn't be to bad as that should have us in a better position for those 20/50 EMA's to finally flip and hopefully allow us to meet that 200 EMA sooner than later. The main thing has just been the descending wedge but hopefully we can keep above and reenter that channel we lost a few hours ago, and then move up out of that channel too!
âĄïļGonna keep the idea short but wishing well as always! Thank you for tuning in! A like or follow is always appreciated, thank you!
~ Rock '
https://www.tradingview.com/x/g5gq0Ng6/
âĄïļWe can already see that we've bounced off our 0.338 support point and are holding the line with two tests already at 0.338 before exiting that descending wedge which the minute chart already demonstrates.
âĄïļShould we continue pushing and form a higher high above that previous mountain we had at 5:00, things shouldn't be to bad as that should have us in a better position for those 20/50 EMA's to finally flip and hopefully allow us to meet that 200 EMA sooner than later. The main thing has just been the descending wedge but hopefully we can keep above and reenter that channel we lost a few hours ago, and then move up out of that channel too!
âĄïļGonna keep the idea short but wishing well as always! Thank you for tuning in! A like or follow is always appreciated, thank you!
~ Rock '
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