Ripple $xrp falling wedge....
Ripple has a major run up after winning it's lawsuit...
Currently
XRP has lost over 60 percent of that pump up!
Current price: $0.61
#xrp Price action has remained in a falling wedge.
If price breaks out of wedge, Up resistances: 0.63, 0.67, 0.69, 0.71, 0.74, 0.76, 0.79
Else a retest down supports: 0.6, 0.57, 0.55
Currently
XRP has lost over 60 percent of that pump up! Current price: $0.61
#xrp Price action has remained in a falling wedge.
If price breaks out of wedge, Up resistances: 0.63, 0.67, 0.69, 0.71, 0.74, 0.76, 0.79
Else a retest down supports: 0.6, 0.57, 0.55
Note
XRP continued to reject prices at 0.63 and is now retesting down supports 0.57, Next 0.55Trade closed manually
falling wedge INVALIDATED!
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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.