Narrowing Wedge in XRP, bullish signal
Updated
Hi all,
We have a falling wedge in XRP, once this closes, prices are looking to go up.
On the 6th of March both the CEO of Ripple and the CEO of coinbase will be in the same interview at CNBC, they might make some market-moving announcements which coincide with the tip of the Wedge.
All-in-all bullish signals for XRP, but volume needs to return for any of this to be really impactful.
Happy trading.
We have a falling wedge in XRP, once this closes, prices are looking to go up.
On the 6th of March both the CEO of Ripple and the CEO of coinbase will be in the same interview at CNBC, they might make some market-moving announcements which coincide with the tip of the Wedge.
All-in-all bullish signals for XRP, but volume needs to return for any of this to be really impactful.
Happy trading.
Note
We currently broke out of this wedge, let's see if it can now act as support or if we will fall back into it.
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