⚡️Hey guys! Wanted to highlight and point something out to you that a few of you have likely already taken note of and realized but XRP's got this wedge which has formed extending from may up to now. The wedge itself is basically gonna be a big deciding factor as I see it, we've already seen how we got those bounces and that support whenever we hit that bottom section of the wedge.
⚡️So should we exit the wedge below it would most definitely be real ugly and could lead to another sell off much like the ones we've experienced this week as we've been brutally beat by whales selling off in unison showing no break for us. My personal hope is that we can use where we are right now as a bounce point to move back up in the very least so that we can avoid that risk of falling below the wedge and exiting it.
⚡️Now should we bounce we could definitely face that rejection and resistance again at what is basically 0.38 but thanks to the wedge closing soon, I hope that Bull's can take advantage of that and use this wedge as a breakout platform to form a breakout that'll ultimately send us to 0.40 and above. I'm gonna leave the idea here for now and keep it short but this wedge is extremely important for the next few days no doubt. Thank you for tuning in and if you'd like to leave a like or follow it'd be much appreciated. Thank you.
~ Rock '
⚡️So should we exit the wedge below it would most definitely be real ugly and could lead to another sell off much like the ones we've experienced this week as we've been brutally beat by whales selling off in unison showing no break for us. My personal hope is that we can use where we are right now as a bounce point to move back up in the very least so that we can avoid that risk of falling below the wedge and exiting it.
⚡️Now should we bounce we could definitely face that rejection and resistance again at what is basically 0.38 but thanks to the wedge closing soon, I hope that Bull's can take advantage of that and use this wedge as a breakout platform to form a breakout that'll ultimately send us to 0.40 and above. I'm gonna leave the idea here for now and keep it short but this wedge is extremely important for the next few days no doubt. Thank you for tuning in and if you'd like to leave a like or follow it'd be much appreciated. Thank you.
~ Rock '
