It can be seen much better on the 3 minutes chart ... triangle in a down trend, head and shoulders (actually forming at 2 levels) ... main neckline and support at previous ATH, $1.10
Note
A few hours later, it came close to the original target of $1.22 ... ATH for XRP $1.24950; we can see the consolidation level, $1.10 (the previous ATH, in line with a previous idea of mine about what really happened with the price of XRP for the past 2 days)We have a very nice major bearish divergence, twice:
Note
And the previous idea:
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.