Decending Wedge formation
There is a inverse correlation between XRP and BTC. While bitcoin has potential to fall, XRP would climb up. Ripple has potential to braeakout upwards from this decending wedge.
Trade active
Looks like its breaking out. If the BTCUSD pair analysis correct. Xrp going up.
Trade closed: target reached
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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.