Short

Look like it break the channel

Updated

The obvious support for this head and shoulders will be at arond 12k yish satoshis which coincide with 0.5 fibonacci and 200ema. Looking to buy there but still hodling some just in case.

Note

support at the arrowhead will be strong and hopefully a convincing bounce once it hit the main ascending trendline. If it doesnt hold we could be looking at 6k satoshis area which coincide with 0.786 fibonacci line and previous resistance in 15 december. Weekly chart doesnt look good for xrp/btc though. But lets have some hope.

cLyeL

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