Weekly "Trend": XRP currently in a bear trend, however, some signs of support found on the weekly. 1st sign of support is the Fibonacci retracement @ the 87% level from our swing low @ 38 satoshis to our swing high @ 22,963 satoshis. 2nd sign of support is the 2nd bounce off a possible uptrend line, meeting our subjective support drawn @ 2,700 satoshis. Bearish momentum at a momentary pause, looking for a correction. Last time we were in a descending pattern we saw a break from 4,500 satoshis as high as 11,600, this move happen in a week.
Daily "Pattern": Shifting over to our pattern timeframe we see XRP attempting to break our resistance @ 2,700, a daily close above this level and expect a nice drive towards the upside. Stochastic RSI showing momentum in favor of bulls with no signs of slowing down. Daily resistance @ 3,300 & 4,000 satoshis
Like to believe. I'm tired of waiting. Sometimes it seems that the schedule just eventually break through the floor.)
UnknownUnicorn2434649
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@AndreiFrolov, Same here, but it's a waiting game. I didn't think we see price action below $0.30 and here we are again, still a believer of Xrp being the standard!