Ripple shows falling wedge reversal pattern.
Also this can be the last wave of BTC correction.
After we should go to 0.793 zone resistance and need breakout this to go upper.
Volume of trade goes down and this is tell to us about Volume consolidation before the bounce.
Good news that this fall will create Double bottom pattern and this is should be bullish sign for market.
Also this can be the last wave of BTC correction.
After we should go to 0.793 zone resistance and need breakout this to go upper.
Volume of trade goes down and this is tell to us about Volume consolidation before the bounce.
Good news that this fall will create Double bottom pattern and this is should be bullish sign for market.
Note
About double bottomNote
XRP reversal level by VPVR and support linesNote
XRPBTC reversal level bt VPVR and support linesAlso you can see falling wedge on Stoch RSI.
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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.