XRP-USD - Descending Triangle?
Price action today morning leans towards formation of a descending triangle with Waves A and B already in place. If it breaks 0.55, then we are likely to confirm this pattern. Also, the decreasing volume does suggest that all bears are done selling. However, if 0.55 remains a strong resistance, then we might still see the price going down.
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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.