Technical analysis by SMShehab about Symbol XRP: Buy recommendation (8/15/2023)
https://sahmeto.com/message/235133
SMShehab
Rank: 14581
Analytical Power:
1.4

Falling Wedge complete with good structure, target .80 zone. - High risk of drawback to 0.63 after 0.80 zone is hit - This ties back to the Macro Structure, Wave E Triangle that is expected to play out before we see exponential upside targets.Failed Trade Idea on lower timeframes, unreliable, will be sticking to the macro analysis / investment positions.
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Signal Type: Buy
Time Frame:
4 hoursPrice at Publish Time:
$0.60902