XRP is at a major decision point! We are out of the descending gold channel but are potentially forming a bearish pattern that could result in a 100% retrace of the entire recent move! The double bottom was not confirmed as a result of the failure to break $0.30. Watch this triangle formation for a break to the downside! Upside potential is at the top of this rising white channel.
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Early break or false break?
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back testing the triangle
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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.