One of Al brooks set up is Double bottom and a wedge bottom in Trading range environment, It will test the top of TR (+100% gain)
doge in 15tf, even this channel breaks down, still bullish on weekly. But this is just a little play, RSI looks seeking for strength
top holders controls the price action, he is pushing down the price making holders suffers, destroying the herds hope of reversal, when all of the holders are dead, he will then pump the price back aggressively.
Head and shoulder confirmed break out targeting 0.5 - 0.4 Area, and also If it breaks this potential falling wedge, there is a chance this all gets invalidated.
Shift in momentum soon, Bullish Divergence is holding = Sellers becoming weak
If the RSI creates a lower low, I'm out with this boring price action. But with this potential bounce that marks another higher low, I'm still bullish.
This is a clear downtrend but however the RSI is suggesting us otherwise. It is not creating a lower low, as the price continued to go lower and lower. It is indicating that the bears are getting weaker and weaker. The momentum is shifting, hence, Bulls are ready to take the market once again. The price will catch up soon.
Next few months will be a crazy move for xrp, either It goes negative 50%, or It goees 12 to 20usd Insane gains.