ðĨ XRP Potential Bull-Flag Formed: Bullish Break Out?
XRP has been gaining a lot of traction over the last couple of days, mainly because of bullish news concerning the lawsuit.
In my view, XRP topped in the short-term at around $0.56 and is consolidating since then. I'm looking at the triangle as a bull-flag, which is a bullish continuation pattern. With BTC trading relatively horizontal, it might actually be a decent time to make some short-term bullish bets.
Risk averse traders might want to wait for a break out of the pattern on the bullish side before going long.
In my view, XRP topped in the short-term at around $0.56 and is consolidating since then. I'm looking at the triangle as a bull-flag, which is a bullish continuation pattern. With BTC trading relatively horizontal, it might actually be a decent time to make some short-term bullish bets.
Risk averse traders might want to wait for a break out of the pattern on the bullish side before going long.
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Targets placed around recent tops, blue.
ðŊOfficial Channel: t.me/FieryTradingChannel
ðTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
â Monster Signals: t.me/monster_cryptosignals
ðĨPremium Signals: www.fierytrading.com
ðTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
â Monster Signals: t.me/monster_cryptosignals
ðĨPremium Signals: www.fierytrading.com
