For the moment things are looking good for XRP. We could say that we have a double front run of the proposed support and a bullish divergence on RSI and MACD on the 12h chart.
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At least partial profits should be taken here.
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If you took profits at 5945 you could reenter here with tight SL for a possible retest of the resistance. Price action suggests that we found support and SRSI is oversold on the H1 and H2 tf.
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Bull flag with the target right in the next possible resistance zone.
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Possible double top reversal. If we break up we have 2 targets for taking profits.
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Double top it is. Trade the breakout. It can form an ascending triangle or it can break the uptrend line and support. Wait for it.
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Double top fake breakout but a very profitable break of the trend line.
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