Ripple $XRP Technical Analysis 26 May 2021

By Mandrakata | On The Edge | 26 May 2021


Technical Analysis

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On the evil wednesday 9 May the prices breakdown two MA levels, and the movement ended only on the long 200-MA.
We are now still in uptrend channel for the mid-term, anyway the price need to close up the important 50% Fib retracement level at $1.12. Doing that it could accumulate momentum down to $0.87.

I'm still Long, Holding.

 

⚠️ Disclosure ⚠️ I wrote this article myself, and it expresses my own opinions.  Above ideas is for educational purpose only, it is not intended to be investment advice.
Some of reported links are affiliate links where I'll earn a small commission if you make a purchase at no additional cost to you.  I will never promote anything I don't truly believe in.


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Mandrakata
Mandrakata

Risk taker. Creativity solves everything. I practice what I post.


On The Edge
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