XRP / Bitcoin
Long

XRP ready for bull breakout

427
XRP at previous breakout consolidation level

  • XRP / BTC capitulation and weekly RSI oversold at 5 year low
  • XRP / USD choppy consolidation chart for 5 months
  • Pink line - previous breakout consolidation as higher low for next pump
  • Bullish Divergence on shorter time frames
  • Extreme negative sentiment regarding XRP - contrarian indicator
  • May not break out of the yellow falling wedge on the first try; maybe double bottom on pink line again before the breakout
  • Target 10K sats / ~ $0.60 depending on what Bitcoin does


Fly or die for XRP

Disclaimer

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.