XRPUpdated Interesting movement on Ripple
Ripple formed a beautiful wedge on h4. The price have stayed in a triangle in the last few days and meets a strong resistance at 0.70$. On the break of 0.70, I expect another powerful rise up to 0.90$.
On the other side, we have a strong bearish divergence so the price may consolidate in a flat for a while. I will short it if the price breaks 0.60-0.65$ area and retests.
On the other side, we have a strong bearish divergence so the price may consolidate in a flat for a while. I will short it if the price breaks 0.60-0.65$ area and retests.
Trade active
Note
TP almost hit :P
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.
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.