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As expected XRP has consolidated for a long time. Consequently, it has underperformed BTC for the last weeks.
This could change in the next few days as we are nearing the APEX of a 2 months consolidation triangle pattern. (ABCDE). The D leg ended with a false breakout and was stopped by a Combo 13 (Sell signal)
Probabilities are still in favor of a bullish breakout with a target price @ 0.56 USD. If we break to the south, the next support zone is @ 0.35USD
Stay patient and caution! XRP has demonstrated high volatility in the past.
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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.