XRP Invalidated the weekly rounded bottom… But there is hope!
XRP / Dollar BITFINEX:XRPUSD
XRP lost the weekly rounded bottom after closing below 0.80 cents. We knew to be expecting downside if that happened and here we are. There is still hope though as if we zoom out to the monthly time frame you can see we are still holding the rounded bottom there using the wicks. In our previous idea we were using the weekly time frame and real candle bodies. Difference this time we are using monthly and wicks of the candles. Great buying opportunity for those looking long term IMO. Not financial advice of course.
