XRPBTC has been sliding since its peak in early January, and I've personally been bearish on it since it formed a head & shoulders pattern on the way down. This week, we've had a few signs of a trend reversal.
For the past few days, XRPBTC has been forming a flag pattern (which is typically a continuation pattern). It bounced back strong off 11.2k sats flag bottom, and is looking to break out upwards.
First target would be 14k, with a stop at 8.8k
For the past few days, XRPBTC has been forming a flag pattern (which is typically a continuation pattern). It bounced back strong off 11.2k sats flag bottom, and is looking to break out upwards.
First target would be 14k, with a stop at 8.8k
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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.