Ripplayer

XRP! Inverse H&S? Cup and Handle? I will take either of them :)

Long
There are two possible bullish scenario XRP is showing on the daily time frame.
You could call this an inverse Head and Shoulder or a cup and Handle.
This pattern have been forming since December last year.
It is really important for XRP to CLOSE above the neck line with volume support.
If we confirm a breakout to the upside and a retest to the neckline I will be adding more XRP to my portfolio.

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.