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Technical analysis by AbInvestments about Symbol XRP: Buy recommendation (12/6/2024)

https://sahmeto.com/message/3036773
AbInvestments
AbInvestments
Rank: 16586
1.4
Buy،Technical،AbInvestments

Analysis:This is just a correction!!!Don't sell XRP under $5.Currently we can see that price has pulled back and has changed character into a temporary downtrend. I would assume this is due to people selling their XRP and securing profits due to lack of knowledge or confidence within XRP.It appears internally to be creating LL and LH. The current swing high and low are indicating the potential next moves:HH - If the next move is a HH we will be waiting for a HL confirmation before taking out $3+LL - If the next move is a LL we will be looking for long positions within our Supply zone around the $2 area.As always XRP is the best crypto available to invest in and whilst its as cheap as it is now it will not be this price forever.To consider: Pullback FOMO News and Speculation

Translated from: English
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Signal Type: Buy
Time Frame:
30 minutes
Price at Publish Time:
$2.3
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