Ethereum (ETH) broke out: Ripple (XRP) will follow the suit behind or not? – Market analysis

Ethereum (ETH) is bidding to destroy the handcuffs in the past six weeks. Ripple (XRP) is in an important position to follow. Are you both free? How high are they?

The head of $ eth and the shoulder play?

Source: Tradingview

$ ETH is currently broken. The price has destroyed the trend from a lot of less, and it can still be seen that it is on the top or white. This is fake.

The amount of cooling that has decreased is fake. But can be fixed It is possible that the return price is to test the area of ​​the circle and will be at this point, which can be seen if the hit occurs or if the price is back.

An important factor in supporting the thesis of the stadium is the back and shoulder head, which can be seen in the top chart. If the confirmation of the circle is successful, this may confirm that the form of the head and shoulder is playing. If so, the movement that can be measured will be $ 4,000 – just a local level.

Target $ Eth $ 4,000

Source: Tradingview

Weekly charts for $ eth give more bird views. It is possible that the price is very important. Successful development of trends from more than less will be consistent with the progress of 0.618 Fibonacci.

0.786 Fibonacci also consistent with the measuring movement for the head and shoulder heads at $ 4,000 due to the last rally, in fact, it may be expected that the price will be the altar that will push from there if the course can go. Can reach there

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$ XRP Cool Follow $ ETH

Source: Tradingview

4-HIS chart for $ XRP shows that cryptocurrency This should be in accordance with $ Eth Breakout. The price will stop beyond the reduced trends or will be lower than the stronger support at $ 2.90.

As well as the case of $ ETH, a potential head and shoulder. Which says that Alredy has been rejected very much for the right shoulder Although progress will occur in the near future But the format can still be played

$ XRP, a remarkable parabola profit

Source: Tradingview

When looking at $ XRP in a weekly time frame, can admire the truly amazing parabola vehicles that cryptocurrency This was only the insurance of the beginning of November. 591% was quite award for those who adhere to the last six years.

Will this unbelievably increase? Will this continue? With all the Hype Crypto caused by the management of the new Trump, everything is possible. If the price can be higher than the highest level, the level of 1.618 Fibonacci is an inspiring target – who knows …

Responsibilities: This article aims to provide information only. It is not proposed or intended to be used as a tax, investment, investment, finance or other advice.

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