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XRPUSD Impulse wave to reach 1.2500
XRP
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XRPUSD Impulse wave to reach 1.2500
Oleh TheCryptagon
Ikuti
Ikuti
3 Okt 2024
2
1
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3 Okt 2024
XRPUSD / Ripple is having a strong bearish candle on the 1week timeframe, erasing the gains so far of the previous 3 weeks.
Even though that is shaking out many traders off the market, this doesn't affect the long term bullish outlook.
The reason is that XRP is repeating a pattern that seems like an Inverse Head and Shoulders of 2022-23.
You can see that when it finally crossed above Resistance one, it rallied strongly to the 1.786 Fibonacci extension.
Buy and target 1.2500
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Chart Patterns
crypto
Cryptocurrency
Technical Indicators
ripple
Trend Analysis
xrp
xrpusd
TheCryptagon
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