Just an idea on channel formation and a possible triangle pattern for xrp. Upward movement in short term could lead xrp to 1.10 and then 1.22
Note
xrp seems to be sliding from its channels. Not a bad thing per se, could just be sideways tranding. Could also be certain pullbacks are in the cards. Two possible scenariosNote
Seems the market had different plans altogether. I still believe we will see rising in the near future, but the channels and patterns here described no longer work.
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.
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.