XRP/BTC chart has had long accumulation and seems like its just broke out with next target 0.000037 BTC per XRP which may bring us to 1.7-1.8 usd per XRP
not a financial advice, pure analysis
Symmetrical triangle that no-one is talking about 🙈
XRP has to confirm breakout and retest 1.7usd with following breakout from yellow trend line to fully confirm 2.5 usd price target.
Everything previously told is followed with 20ma and 50ma cross on 2h chart which is BULLISH!
Not a financial advice - analysis made with love since 2020 🥰
Most of the times Rising rectangle at down trend break down, but no-one told us that BTC is in down trend yet, we may have simply correction before another bull run wave. Market rules don't work with crypto market, that's why bearish patterns often break up instead of breaking down.
Simply short-term market analysis.
Not an financial advice.
Long/Short?
