XRP - good reversal signals
XRPBTC has been sliding since its peak in early January, and I've personally been bearish on it since it formed a head & shoulders pattern on the way down. This week, we've had a few signs of a trend reversal.
For the past few days, XRPBTC has been forming a flag pattern (which is typically a continuation pattern). It bounced back strong off 11.2k sats flag bottom, and is looking to break out upwards.
First target would be 14k, with a stop at 8.8k
For the past few days, XRPBTC has been forming a flag pattern (which is typically a continuation pattern). It bounced back strong off 11.2k sats flag bottom, and is looking to break out upwards.
First target would be 14k, with a stop at 8.8k
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