XRP is at a critical intersection, at first sight bullish...

Long

XRP / Bitcoin (BITFINEX:XRPBTC)

Updated

BITFINEX:XRPBTC XRP / Bitcoin

$XRP seems to be at an interesting confluence of a horizontal resistance and a potential bullish pennant. One of the strongest altcoin charts vis-a-vis $BTC. If it resolves upwards, things might get quite interesting...

Comment:

So far the bullish bias is being confirmed, as the pennant is in the process of breaking up. It seems to coincide with the news of $XRP added to binance as a base pair, but this can be just a correlation, not necessary a direct cause of the move...

Comment:

Struggle at the resistance -could lead to a rejection...

Comment:

uh oh

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