Hello Traders, this is Ripplayer
On the daily timeframe, there has been a W-Pattern and it confirmed few days ago.
We have confirmed a breakout and now trying to retest the neckline to move higher.
This trade will be inactive as soon as we close a daily candle below the neckline. (Watch out for fakeouts)
This trade can also be determined by Bitcoin's Price. If Bitcoin decides to dump lower most other crypto will follow.
Though, I am still really BULLISH on XRP.
Thank you, Traders, for taking your time to have a look at my Analysis. Have a fantastic day and a safe trading, all the Best!
"Chance favors the prepared mind.” – Louis Pasteur
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Disclaimer!
Information provided is not a financial advice, it is only educational purposes. You make your own choice!