On the 1H chart, XRP/BTC is clearly forming a wedge. It's likely that this wedge will signal a bullish move since it's close to a bull-flag, but it could end up being a bearish signal as well.
Keep an eye out for price action and a convincing break-out above/below the confirmation lines, preferably on a higher time frame.
Either way, I think we're gonna see some fireworks soon!
Keep an eye out for price action and a convincing break-out above/below the confirmation lines, preferably on a higher time frame.
Either way, I think we're gonna see some fireworks soon!
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