Now that the falling wedge is broken, we have two factors to contend with. First, the support that dealt the falling wedge the final blow. And second, a resistance at around 0.48-0.49, which has been there since the beginning of the month.
If all goes well, we should see an ascending triangle from XRP for the next few days and then a breakout afterwards. I'm not sure when exactly, but it should be by Nov 1 at the very latest.
These are my opinions, of course.
If all goes well, we should see an ascending triangle from XRP for the next few days and then a breakout afterwards. I'm not sure when exactly, but it should be by Nov 1 at the very latest.
These are my opinions, of course.
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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.