XRPLong
Pennant forming: potenial breakout
Looks like a pennant is forming towards the support line.
If we see price bouncing up from the support line, I expect a new high at around 4.25 (Fib retracement crossing resistance line).
If we see price bouncing up from the support line, I expect a new high at around 4.25 (Fib retracement crossing resistance line).
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.