Hey guys, look at this massive formation from the XRP chart... Very low on the RSI, this looks very bullish to me. I outlined two paths, the first one is a fake to the downside springing XRP up or we could simply go with the classic consolidation near the top of the formation for a break. The other two breaks were similar in formation but no where near as large as the current. The last time we had this large of a formation was in 2018 when XRP went from $.30 -$3.30 in a 3 week period. Either way my expectation is to the upside in the next few months, should be exciting. Like if you found this interesting or comment below for any questions thanks!
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.