Moose143252002

Triangle pattern

It seems we may be consolidating into a triangle pattern on multiple time frames before we push higher. I like the current set up as the RSI has moved lower, and we seem to be garnering support in this range. At the moment, XRP is back below .30. Barring a broader market sell-off or the usual XRP shenanigans, I think we keep it range-bound in the triangle until the end of the month with an eventual break higher. If we move below the lower range of the triangle, then I guess this would invalidate the set-up, and we will begin testing some of the softer supports with the hope of finding another range to live within. If we break higher, I think we land in the .40 to .50 cent range, but as with all things crypto, who knows.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.