Price has reached the upper parallell channel rapidly. If one
adds an overshoot channel, it could mark the space at which
price is overbought. There is a chance price will respect the
upper channel which would retrace the pair. However, Ripple
is strongly bullish so there might not be much of a pullback.
Perhaps the 10000 Satoshi is also a psychological number,
which sometimes adds resistance. Overall, price seems
unstoppable at this point.
adds an overshoot channel, it could mark the space at which
price is overbought. There is a chance price will respect the
upper channel which would retrace the pair. However, Ripple
is strongly bullish so there might not be much of a pullback.
Perhaps the 10000 Satoshi is also a psychological number,
which sometimes adds resistance. Overall, price seems
unstoppable at this point.
評論:
Price is hitting the added channel, moving parabolically.