XRPUSDT.P Xrp is in a bearish channel, if it breaks and complete the double bottom pattern we go to 2.45-2.50$ area which is a double resistance.
When the double bottom completed we can see a retest to do channel, or directly go up.
İf xrp want to go down, we see a movement to channel bottom to 2$ area, which is a double support.
Trade active
The Double bottom is completed and xrp is going for a retest. if retest completed and xrp go up again, we can look for bullish positions for xrp.
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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.