A few years ago, the big guys on Wallstreet released a chart called Market Psychology. It aimed to place people's emotions as well as predict their behavior during the full market cycle.
Today I take a look at some striking similarities between the XRPUSD chart and where we could possibly be according to market psychology. I also discuss support points and what I see happening for the near term on the XRP chart.
Thanks for watching and check out related ideas below! BlockTechEv
@jaydee_757, have seen milions of this kind charts.. but .. hope you are right and we may buy around 0,4 for hodl about august and get up again since september/autumn..
Very good thoughts and I agree with you, however I think is .4 is coming and in that case the MP does not comply. I`m confronting with you, just sharing my idea. :)
BlockTechEv
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@Aty074 could be, let's see if we keep closing candles above the support or not. Thanks for sharing.