It's caught in a tight pennant on the 1hour chart. But if it breaks this long triangular formation on the daily, it can easily hit the 0.5 Fib level on the chart.
Eyes open for this.
Eyes open for this.
Note
First TP - $0.75Second TP - $0.89
Third TP (Risky) - $0.98
Fourth TP (Very Risky) - $1.35
Note
On the flip side, going down,First support - $0.43
Second support - $0.36
Third support (very low possibility + very strong support) = $0.23
Note
Good chance XRP will test $0.42 before breaking and rising! Keep your eyes up. currently still stuck here in the triangle if I zoom in
Note
Hopefully this is just a bullish Cup and Handle - where it's currently forming the handleNote
Note
beautiful setup. we need this downtrendNote
Setting up a nice head and shoulders with a larger cup and handle. This is all bullishTrade active
Touchdown! XRP completes the handle bottom.
Now we only go up
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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.