A golden opportunity or inopportunity? 🕛
It's all going to play out in a few weeks, we are in a very long "ascending triangle", in this type of chartist pattern (triangle entering from the bottom), we are more likely to break it on the upside than the downside.
But with BTC events continuing to be volatile, even though we can see that XRP has a slight tendency to not follow the same path as BTC, it remains consistent with BTC.
If Bitcoin does not break out of this pattern, then XRP could eventually fall back to much lower supports.
I am still very bullish on XRP, as the battle between XRP and SEC continues, although the scales are tipping more in favor of XRP, if XRP wins this battle against SEC, then XRP could reach its ATH much faster than one might think.
But with BTC events continuing to be volatile, even though we can see that XRP has a slight tendency to not follow the same path as BTC, it remains consistent with BTC.
If Bitcoin does not break out of this pattern, then XRP could eventually fall back to much lower supports.
I am still very bullish on XRP, as the battle between XRP and SEC continues, although the scales are tipping more in favor of XRP, if XRP wins this battle against SEC, then XRP could reach its ATH much faster than one might think.
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.