Hi guys. As you can see price action of the XRP is squeezed more and more to the apex of the huge descending triangle (blue). Breakdown from this triangle pattern (more likely) will be lucrative short opportunity as price targets lies on 0.13 and critical 0.06 support. Breakout (unlikely) will be retest of the 0.40 resistance. Take care!
-DP-
-DP-
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.
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.