Ripple has been behaving incredibly lately but bulls forget bears strike when they least expect it. A clear 3D Rising Wedge has appeared and this could be a great short opportunity. Usually these triangles break down and I expect XRP to do so as well. Nevertheless, considering the momentum and fundamentals news there is also a possibility that it ends up breaking up. If this happens, I see it easily going to $2. I personally think it's going to dump but the possibility of a megapump is still there.
If you want to buy it wait for a breakout to upside.
If you want to sell it wait for a breakout downwards.
If you want to buy it wait for a breakout to upside.
If you want to sell it wait for a breakout downwards.
Note
NEW IDEA
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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.