I see this formation as a mid term bullflag in a ranging area with the assumption that BTC holds hits levels as well, not going below 47500 which will give enough for XRP to reach the bottom of this ranging support.
Looking at the indicators for an entry using the 12 hrly chart.
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.