Ripple (XRP), squezing and trendline breakout with targets!
Ripple has been under the trend line for a long time and after two false breaks the price started to show strength and presence of a buyer.
Now we are waiting for the price to start squeezing under the trend line and we will see its breakout. A more positive scenario would be a retest of this trend line as support.
There are 2 targets on the chart, which are on the liquidity gaps and the price can reach in the near future.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU!
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Now we are waiting for the price to start squeezing under the trend line and we will see its breakout. A more positive scenario would be a retest of this trend line as support.
There are 2 targets on the chart, which are on the liquidity gaps and the price can reach in the near future.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU!
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
📊 Telegram (FREE Indicators in pinned post) 👉 t.me/cryptonite_ua
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.