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Some important points, 1. XRPUSD have completed Phase A and made higher high. 2. XRPUSD hit strong resistance around level 0.59. 3. XRPUSD should have formed an ST in Phase B as soon as it entered Phase B to complete the Wyckoff formation. Be careful entering trades at this stage, wait until the 0.59 break. Note: not financial advice.XRPUSD encountered quite strong resistance once again. It would take a sizable buying volume to push up the price. Be careful to buy.One last rally is still possible to form a divergence, if the price fails to break then this pattern will be confirmed and XRPUSD enters phase B.Next XRP possible playout. Watch divergence to form first70%+ chance we are at the peak of Phase B. Be careful though.XRPUSD has been accelerating towards a bearish trend for the past few days. Now, waiting for confirmation for about next 15 days untill all clear enough.XRPUSD break below 0.4400 and bearish roller coaster will take the place. I hope I'm wrong but this looks realistic.Strong bearish price action has developed previously and the trend has accelerated steadily to bearish for several days. We will most likely see the price test $0.48 or $0.50, before going completely bearish.XRPUSD Was strongly rejected by the $0.48 level twice, be prepared we will likely be fighting the storm soon.Short XRPUSD at $0.48 SL 1%
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XRP will be used to solve the financial crisis, consisting of 1. Banks with liquidity crisis 2. The United States' debt has reached a limit 3. Crypto which is also experiencing a liquidity crisis The Phoenix that rose from the ashes. Note: This is not financial advice.
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The last opportunity to buy XRP will come in the next few months due to strict crypto regulations. This opportunity is very rare and will not come a second time. Get ready the Phoenix will rise soon. Note: This is not financial advice.
fXVolume
XRP has made a pretty good move by forming wave 1, then XRP made corrections to form wave 2, wave A and wave B, the last one is the determination for the correction wave is wave C, analyzed will be forming soon. The main indications that wave C is forming are the Overbought RSI and Stochastic is at the 80 level. Get Ready for downtrend!? -------------------- Note This is not financial advice.Wave C started Wave 1 inside wave C is formed.
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