XRP Ready For Takeoff Today
XRP has been following the symmetrical wedge that we have drawn in our last published idea so closely. To make the chart even more interesting, we are now seeing a hidden bullish divergence on the MACD indicator in the 4H chart.
The last time we saw a hidden bullish divergence here was at the start of the month, where soon after the formation, we saw XRP blasting off from around $1.12 to $1.29. I am expecting this price action to repeat itself again with the current hidden bullish divergence and bring XRP to retest the $1.30 to $1.33 zone. Not financial advice. DYOR.
The last time we saw a hidden bullish divergence here was at the start of the month, where soon after the formation, we saw XRP blasting off from around $1.12 to $1.29. I am expecting this price action to repeat itself again with the current hidden bullish divergence and bring XRP to retest the $1.30 to $1.33 zone. Not financial advice. DYOR.
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