XRP had a strong really after breaking out of its ascending triangle pattern. After making a local high of 2,093 Sats it has quickly retraced to find support at 1,750 Sats. I still hold a bullish stance as long as we can stay above 1,/30 Sats.
-We are currently low on the RSI, located at a historic area for bullish price action.
-There is bullish divergence painted on the 4H time frame.
-XRP/USD is coiled up inside of a symmetric triangle pattern which is not necessarily bullish but confirms a large move in the near future.
-An almost double bottom formation.
-We are currently low on the RSI, located at a historic area for bullish price action.
-There is bullish divergence painted on the 4H time frame.
-XRP/USD is coiled up inside of a symmetric triangle pattern which is not necessarily bullish but confirms a large move in the near future.
-An almost double bottom formation.
Trade active:
XRP hasn't had much momentum but is still holding strong. We shot right up from the support line and have made a higher high. Now looking to stay above 1,750 Sats to keep a bullish stance.
Order cancelled:
Support Broken
