XRP / BitcoinLong
Ripple Spring formation - trend reversal here? $xrp
XRP is the worst performing major pair during the last month. Looking into smaller timeframes we can see a spring formation playing out. Spring formations act as accumulation patterns and are very common in the crypto market.
Trapped sellers are found bellow the area that is marked with the green box.
- In addition we can see price forming a Higher High and probably a Higher Low at support. Invalidation level is bellow 6660.
Trapped sellers are found bellow the area that is marked with the green box.
- In addition we can see price forming a Higher High and probably a Higher Low at support. Invalidation level is bellow 6660.
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We provide:
-Charts
-Education
-VIP trade calls
-AI Trading
Binance reg.link: binance.com/?ref=36253371
Join our Discord: discord.gg/nqSJFKc
Make a Tradingview account: tradingview.go2cloud.org/aff_c?offer_id=2&aff_id=13523
-Charts
-Education
-VIP trade calls
-AI Trading
Binance reg.link: binance.com/?ref=36253371
Join our Discord: discord.gg/nqSJFKc
Make a Tradingview account: tradingview.go2cloud.org/aff_c?offer_id=2&aff_id=13523
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.