XRP is currently forming a ascending triangle. Listed is the support and resistance as we speak, this is based upon capital flow. Personally I believe that this is a breakout pattern forming, extremely bullish.
Note
This will most likely be a consolidation, between (0.95-1.20) I do think that this consolidation will end over the weekend, likely breakout to the upside.
Note
UPDATE, XRP is seemingly attempting to exist out of the down trend today. Currently range bound from ($1.00 - $1.18).
Note
XRP is no longer Range Bound and likely to press higher.
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.