🔍 XRP - Our Analysis and Possible Scenarios 💡
XRP is a currency we value, but we state this outside of our usual analysis. Although we have identified a price growth channel, this channel is not perfect according to the literature, but we can track it to get a sense of the price movement. 📊
📈 Two Possible Scenarios:
1️⃣ Breakthrough of the level (orange line) - If the price breaks through this level, we can expect continued growth.
2️⃣ Rejection and fall within the channel (green line) - If the price fails to break the orange line, we can expect a return within the price movement channel, with the green line serving as key support.
We are monitoring the situation and adjusting our strategy as the market develops! 💪
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