$XRP 1D Macro Analysis Let's take a moment to analyze XRP fro | XForceGlobal (Official)
$XRP 1D Macro Analysis
Let's take a moment to analyze XRP from a more simple perspective via the channelling technique. Channels are one of the most powerful tools within the realm of technical analysis.
Here we can see two types of channels created:
1. We have an immediate channel that we just broke back in that created an impulse drop.
2. We have a larger macro channel that can be easily discerned as the main channel of support, that is NOW officially acting as support after breaking down and breaking back in.
If XRP is able to retain its strength within the larger channel and even more so breakout of the immediate channel, a run to $3+ is an obstacle that bulls can overcome easily via positive market sentiment and simple channeling techniques.
Top TradingView Educator and full time educator of risk management strategies /technical analysis. My trading strategy is based immensely on market psychology & EW. I help people find certainty during...
