Hello Traders,
As you can see price looks to be forming a symmetrical triangle inside a much bigger triangle. A symmetrical triangle can break both ways.
A break to the upside is the rise of XRP and should create a new HH.
A break to the downside is the fall of XRP and will break a major support trend line.
As you can see price looks to be forming a symmetrical triangle inside a much bigger triangle. A symmetrical triangle can break both ways.
A break to the upside is the rise of XRP and should create a new HH.
A break to the downside is the fall of XRP and will break a major support trend line.
Yorum:
The moving averages look alright.
