ðĨ XRP Bullish Triangle Forming: Gains Ahead
XRP has slowly but surely forming a bullish triangle since the start of February. For three times now it has touched the lower support line, with a reversal happening after said touch.
This trade is based on the idea that XRP will finish the triangle and potentially break out of it towards R2.
On the chart Iâve marked two potential areas of support/resistance, R1 and R2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence.
Happy trading!
This trade is based on the idea that XRP will finish the triangle and potentially break out of it towards R2.
On the chart Iâve marked two potential areas of support/resistance, R1 and R2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence.
Happy trading!
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