NOT FINANCIAL ADVISE. PLEASE DO YOUR OWN RESEARCH.
In Weekly Timeframe, XRP looks like painting an apex of a descending triangle pattern. Long term trend in my opinion is still going down unless the downward trendline resistance of the triangle pattern is broken.
In 1H timeframe using Ichimoku cloud, I am seeing a short term uptrend as price approaches the a trendline resistance. As seen with price above clouds and conversion line crossing above base line.
In Weekly Timeframe, XRP looks like painting an apex of a descending triangle pattern. Long term trend in my opinion is still going down unless the downward trendline resistance of the triangle pattern is broken.
In 1H timeframe using Ichimoku cloud, I am seeing a short term uptrend as price approaches the a trendline resistance. As seen with price above clouds and conversion line crossing above base line.
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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.