$XRP not convincing yet #Sequential
Despite last bullish news (MoneyGram Partnership), XRP price has stagnated within a symmetrical triangle.
On the 4H chart, we just completed a recycle count, so price could now reach another time the lower line of the triangle to complete an ABCDE pattern.
Probabilities are still in favor of a bullish breakout, but the lack of strength with the last news could lead us lower to the next support zone @ 0.35USD
About TD+ Enhanced Sequential Indicator:
MATHR3E
On the 4H chart, we just completed a recycle count, so price could now reach another time the lower line of the triangle to complete an ABCDE pattern.
Probabilities are still in favor of a bullish breakout, but the lack of strength with the last news could lead us lower to the next support zone @ 0.35USD
About TD+ Enhanced Sequential Indicator:
MATHR3E
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⬛ Access to MATHR3E Indicators 📈🔓:
⬛ patreon.com/MATHR3E/
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⬛ Access to MATHR3E Indicators 📈🔓:
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Related publications
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.