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Ripple $xrp falling wedge....
XRPUSD Perpetual Contract
Long
Ripple $xrp falling wedge....
By Ifiok-2sydes
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Updated
Aug 18, 2023
6
Aug 7, 2023
Ripple has a major run up after winning it's lawsuit...
Currently
XRP
has lost over 60 percent of that pump up!
Current price: $0.61
#xrp Price action has remained in a falling wedge.
If price breaks out of wedge, Up resistances: 0.63, 0.67, 0.69, 0.71, 0.74, 0.76, 0.79
Else a retest down supports: 0.6, 0.57, 0.55
Aug 17, 2023
Note
XRP
continued to reject prices at 0.63 and is now retesting down supports 0.57, Next 0.55
Aug 18, 2023
Trade closed manually
falling wedge INVALIDATED!
Beyond Technical Analysis
Chart Patterns
Fundamental Analysis
Ifiok-2sydes
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