XRP primed for breakout after rate cut
Risk assets are in the green today, notably the small cap Russel 2000 up over 2% and Bitcoin a whopping 6% against the Dollar.
XRP has been consolidating across timeframes from the daily all the way through monthly and beyond. Back in 2021 Bitcoin and Ethereum were rallying whilst XRP was asleep at the wheel. Suddenly it almost tripled in just 2 days!
Varying perspectives often draw attention to a 7 year triangle buildup that could provide explosive power this time.
XRP has been consolidating across timeframes from the daily all the way through monthly and beyond. Back in 2021 Bitcoin and Ethereum were rallying whilst XRP was asleep at the wheel. Suddenly it almost tripled in just 2 days!
Varying perspectives often draw attention to a 7 year triangle buildup that could provide explosive power this time.
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.