cup and handle scenario for XRP?First off, I never trade this coin myself due to its extremely inorganic (read: manipulated) price charts.
Just for fun analyzing:
I think it's not the time to FOMO into chasing the red candle, and it may form a cup and handle and a nice target to enter could be around 2.60 USD
On the other hand, maybe they will pump it all the way to whatever 5.89 targets they have.
I don't trade, but if I were, I would wait for a retest.
if not, plenty of other opportunities that will make retests or even dump lower