XRP pump long overdue, 22 months old bullish falling wedge
Basically, XRP has been in a bullish falling wedge pattern for the past 22 months and this pattern is on the verge of ending (at the end of Jan 2023).
The price already broke out to the upside in Sep 2022 and re-tested the support line during the Nov 2022 FTX-crash.
Now we have been going sideways and are waiting for the price to pump to around $1.60
Maybe some good news with regards to the Ripple-SEC-case will provide the catalyst for the price to go up, but either way, the charts is bullish and the technicals alone should also make the price to move, soon.
Inshallah.
The price already broke out to the upside in Sep 2022 and re-tested the support line during the Nov 2022 FTX-crash.
Now we have been going sideways and are waiting for the price to pump to around $1.60
Maybe some good news with regards to the Ripple-SEC-case will provide the catalyst for the price to go up, but either way, the charts is bullish and the technicals alone should also make the price to move, soon.
Inshallah.
Feragatname
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