It looks like a H&S pattern is currently forming for XRP on the hourly. Keep an eye on it. This may be a great entry for a short position. After BTC crash a couple days ago XRP rallied. It could possibly be time for it to drop. I will be watching eagerly for this to play out. I have my long positions already set at the bottom.
We are getting a falling wedge pattern (On 15 min) and a triangle pattern ( 5 min) Rsi has now cooled off on smaller timeframe. Expecting some resistance at 85-87k levels once we break above it will be easy for price to reach 91k levels and even higher. Please leave a like/ follow. Happy trading :)
XRPZ18 has been a great long for me recently, and I still have a moonbag riding open long, but I think it may have a retest of some previous supports before it can move back up out of the current range. Would love to see this play out something like this, to give me a chance to re-open a long: some more sideways action before a deep wick down to 7440 sats with a...
XRP currently broke vital support. Notice the high amounts of transactions occurring in that range. This means people will likely be desperate to get out of their long positions, especially since Binance has gotten in on the buying frenzy. Therefore, you may short. The only thing that can stop this is the Coinbase buying frenzy starting up again. Some XRP fans...
XRP currently on support and support trendline...if btc will be bullish XRP couldn´t be broken down...it looks like rising wedge maybe..