Technical analysis by SaeidKarimzadeh about Symbol XRP on 6/15/2023
https://sahmeto.com/message/3322621

SaeidKarimzadeh
Rank: 16191
Analytical Power:
1.3

Looking back at the previous cycle. price tested the established support 2 times before starting the next big impulsive move up. for this cycle the Establishing support seems to be around (0.1-0.2 usd) one last test of this area would provide an excellent risk reward ratio to formulate a position. price is currently in a bear flag with the target of 0.12 usd. upper range of the bear flag could be tested 1 more time around 60 cents for the eventual break down. the price projections are only for visual purposes. the actual impulse could be a lot larger or even smaller(hopefully not) than that. good luck
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Signal Type: Neutral
Time Frame:
1 weekPrice at Publish Time:
$0.47816