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XRP و هفته‌ای پرنوسان

XRP و هفته‌ای پرنوسان

Rocksorgate

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قیمت در زمان انتشار:

۱.۱۴۸۸

توضیحات
⚠️ Happy Saturday, I'm sure everyone has something in mind today so I'll be sure to keep this TA short and quick, thanks for tuning in.

⚠️ I've added a Snapshot of our 4 hour chart below for reference should anyone like to compare that to where we are. We'll be using this as an identifier in a second.



⚠️ Off that 4 hour chart we can identify that we're currently at this support point again just above $1.123 which funny enough is a very lucky number for me. I trust in 123 and regardless of how volatile things have been this week we can see that we have the strength to climb back more than ever.

⚠️ Main catalyst which pulled us back down and caused the reversal was the impulse wave. We simply overstretched too far from our 200 EMA and that had to be reeled back in before we ended up getting a death cross sending us down to retesting support once again to keep it simple.

⚠️ That descending channel definitely didn't help either but now that we're out of the channel we can look ahead and our main objective is just to keep above $1.123 and regain that 200 EMA.

⚠️ Confident as ever in the asset, even with the ups and downs we know this is simply part of the process. All that matters now is keeping above $1.10 and continuing to establish our support here. The longer we can hold above and establish this support the better chance we'll have in climbing back up.

⚠️ I'll be setting an alert for $1.123 should we reverse or retrace some more but look to those EMA's and the channel should we move back down some though I have confidence the market is getting itself together, especially after this crazy week with SpaceX's IPO.

⚠️ I'll leave things at that but keep a clear mind and focus on the bigger objective here being the utility-case and future value in the asset. Have to run but thanks for joining me today and I hope you have a great day, grab some Taco's or go for a hike, it's an awesome day.

All the best till next, thanks.

~ Rock '

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