nagihatoum

XRP bear pennant

Corto
Following along very nicely my previous idea. Pennant's target is 3 cents where apparently there is a very large buy order. XRP did not even move a bit when other Alts were mooning just to show how weak this coin is.

I believe after falling to 3 cents it will go up again to the $0.44 order block where all the fomo buyers are trapped and are desperate to unload. It will prove very strong resistance and send price to zero finally. I have shown in the idea listed below that order blocks have been the cap of previous pumps.

I keep the option of a pump now open, but that needs a change in technical characteristics which will be obvious.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.