Start of a new cycle for XRP? Bounce and pullback for higher highs.
Strong resistance on the descending triangle confirms. A test and fail. Next stop 9.1k - 9.3k for the next test. Bulls continue to give up ground signaling weak confidence in the bid for 12k+. My call is we'll see 8k-9k range in the next couple weeks before the next bull rally. Comments welcome, please like and follow! Good luck!
Similar patterns and timeframes. Are we in for a repeat?
2 upper wicks (tweezers) on the prev days. Either sideways or down. Volume hasnt been effective in moving price as comparable to recent days. Continuing capitulation until the bulls give up and we break support to test 9.1k