XRP Hourly Perspective
XRP hourly is forming a falling wedge pattern.
I expect one more touch of the support at .41$ before looking for a breakout.
Be aware that on breakout the volume needs to increase, otherwise will lack conviction and be vulnerable to failure.
Before buying wait for confirmation of the support!
BUY ZONE: 0.411$
Target1: 0.47$
Target2: 0.495$
STOPLoss: 0.39$
I expect one more touch of the support at .41$ before looking for a breakout.
Be aware that on breakout the volume needs to increase, otherwise will lack conviction and be vulnerable to failure.
Before buying wait for confirmation of the support!
BUY ZONE: 0.411$
Target1: 0.47$
Target2: 0.495$
STOPLoss: 0.39$
Trade active
Target1 reached
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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.