STILL LONG
XRP had a strong really after breaking out of its ascending triangle pattern. After making a local high of 2,093 Sats it has quickly retraced to find support at 1,750 Sats. I still hold a bullish stance as long as we can stay above 1,/30 Sats.
-We are currently low on the RSI, located at a historic area for bullish price action.
-There is bullish divergence painted on the 4H time frame.
-XRP/USD is coiled up inside of a symmetric triangle pattern which is not necessarily bullish but confirms a large move in the near future.
-An almost double bottom formation.
-We are currently low on the RSI, located at a historic area for bullish price action.
-There is bullish divergence painted on the 4H time frame.
-XRP/USD is coiled up inside of a symmetric triangle pattern which is not necessarily bullish but confirms a large move in the near future.
-An almost double bottom formation.
Trade active
XRP hasn't had much momentum but is still holding strong. We shot right up from the support line and have made a higher high. Now looking to stay above 1,750 Sats to keep a bullish stance.Order cancelled
Support Broken
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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.