Tody in the XRP (4H) chart we could see a masiv candel, but we didn´t brake the ressistance. So we are still stuck in the descending triangle which is of course bearish pattern. Now we are going for support in this triangle. If we brake this support line we going to down on the gold line. If we try brake ressistance again in this triangle my prediction is on the...
Ascending triangle failed and now we could see 4H candles closed under support line of ascending triangle. My price prediction in the end of august is in the green box around 10500$.
It could be a bottom of this correction, but maybe when support failed on this level (10500) we can also go filed CME futures gap down to 9670$
