I've looked at quite a few altcoins that have recently dipped down to the same level as January 30. I believe this is due to Mercury retrograde beginning that day and ending just before the sharp dip began. Now many of the altcoins that soared so high during the retrograde period have come back down to test the support levels that were in effect on January 30 at the start of the 3 week rally.
TRX hasn't done this yet. It is in a wedge that I think is getting ready to break sharply down and test support levels of 0.275. What do you think?
TRX hasn't done this yet. It is in a wedge that I think is getting ready to break sharply down and test support levels of 0.275. What do you think?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.