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Technical analysis by rainmakercoins about Symbol XRP: Buy recommendation (7/17/2023)

https://sahmeto.com/message/230745
rainmakercoins
rainmakercoins
Rank: 12556
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XRP/USDT - Short term correction, hunting liquidity. Bullish. Hello, After the fractal is progressing (check last post for more information), for some of you that might be little confused what to do now. So lets take a look into liquidity concepts. We are currently in a short term correction after the pump. I expect price to fill the upper VOID ZONE - (normal imbalance) lower one is invalid, since if you zoom out, we already mitigated that on 4h. That is the top, so that zone is no longer valid. I DO NOT EXPECT TO FALL DOWN INTO 0,60$ REGION AND BELOW CURRENTLY, WAIT FOR THE PRICE TO REACT TO THE VOID ZONE Currently BTC seems to be finally falling down to 29,5k area, that has liquidity as well, this could be good opportunity for xrp to fill that area and then decouple again for a while. Price also recently mitigated ltf supply that is pushing the price into our area. Hope this little outlook will help you understand what could be going on. If you liked this post please leave a Follow or at least a Boost, it would help me a lot! See you next time, Mikyn_FX

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Signal Type: Buy
Price at Publish Time:
$0.72725
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