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RIPPLE (XRPUSDT): Very Bullish Setup
XRP / TetherUS
Long
RIPPLE (XRPUSDT): Very Bullish Setup
By linofx1
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Nov 21
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Nov 21
XRP is currently experiencing a strong bullish trend, with the coin surpassing and closing above a horizontal resistance level on a daily.
After retesting this broken level, the price has formed a symmetric triangle pattern on a 4-hour time frame.
The breakout of this pattern's resistance line seen as a significant bullish signal for intraday trading.
I anticipate that the bullish trend will persist for XRP, with the next potential resistance levels being at 1.200 and 1.400.
Chart Patterns
Support and Resistance
Trend Lines
linofx1
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