Although this is the most bullish we've seen XRP, it's notorious for parabolic pump and dumps.
It's been hitting it's head on this red trend line for over a month.
With a recent break above $2.52, it's now using that price point as support. But now forming a descending triangle.
I would wait for either the white support line or red resistance line to break before making any trades.
MACD on 1D is going from bullish to neutral/bearish.
-JumpStartCrypto
It's been hitting it's head on this red trend line for over a month.
With a recent break above $2.52, it's now using that price point as support. But now forming a descending triangle.
I would wait for either the white support line or red resistance line to break before making any trades.
MACD on 1D is going from bullish to neutral/bearish.
-JumpStartCrypto
Note
Zooming in now, $2.52 - $2.56 is medium resistance area now.Note
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🎯 Years of TA Engineered into Automated Signals
💬 Contact me for FREE Mentorship + Signals
Telegram ▶ t.me/JumpStartCrypto
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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.