{"id":10299,"date":"2020-03-23T11:28:14","date_gmt":"2020-03-23T11:28:14","guid":{"rendered":"https:\/\/tradingshot.com\/?p=10299"},"modified":"2023-04-27T11:32:29","modified_gmt":"2023-04-27T11:32:29","slug":"xrpusd-two-good-case-scenarios-0-24-and-0-30","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2020\/03\/23\/xrpusd-two-good-case-scenarios-0-24-and-0-30\/","title":{"rendered":"XRPUSD Two good case scenarios: $0.24 and $0.30."},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Going way back in mid 2018 the pattern is a Channel Down. For most of the pattern&#8217;s lifetime the price has been trading above the median with a level just below (blue line) working as the Support. That is except for two occasions where a Lower Low was made: August 2018 and recently March 2020.<\/p>\n<p>There are two scenarios for XRPUSD right now: Either (A) a +220% Lower High rise as in 2018 to $0.30 or (B) a slower rise to a Lower High at $0.24 assuming the March heavy sell-off was an anomaly caused by the coronavirus panic.<\/p>\n<p>Notice also how the last two Lower Highs were rejected exactly on the 1D MA600. This means that we need a sustainable break above this trend line to start considering a Bull Market on Ripple.<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/XRPUSD\/4mnlZkvL-XRPUSD-Two-good-case-scenarios-0-24-and-0-30\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/XRPUSD\/4mnlZkvL-XRPUSD-Two-good-case-scenarios-0-24-and-0-30<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Going way back in mid 2018 the pattern is a Channel Down. For most of the pattern&#8217;s lifetime the price has been trading above the median with a level just below (blue line) working as the Support. That is except for two occasions where a Lower Low was made: August 2018 and recently March<\/p>\n","protected":false},"author":611,"featured_media":10300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=10299"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10299\/revisions"}],"predecessor-version":[{"id":10303,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10299\/revisions\/10303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/10300"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=10299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=10299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=10299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}