I am not an XRP investor as a result of the active lawsuit it has with the SEC, but I am not blind either. There is a clear pattern of accumulation in XRP since the end of May, after a correction of -74.4%.
We must add to this that the daily candles are showing us a cup and handle pattern, where its target is at approximately $ 1.06 which represents 38.20% fibo of the corrective trend.
We must add to this that the daily candles are showing us a cup and handle pattern, where its target is at approximately $ 1.06 which represents 38.20% fibo of the corrective trend.
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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.