XRP long time frame
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XRP looks good tbh.
On the longer time frames here 12 hours, we are above the cloud. Just for fun have put some target prices and stop loss.1$ im guessing will play a role and serve up resistance.
The lower time frames are ranging in my opinion.
You do have the makings of a nice inverse head and shoulders pattern though, and we have already broken through the neckline on the right hand shoulder.
One caveat is that that the bitcoin pair XRP/BTC seems to be ranging at the minute, and if it ends up favouring the bear side, it wont be so good.
On the longer time frames here 12 hours, we are above the cloud. Just for fun have put some target prices and stop loss.1$ im guessing will play a role and serve up resistance.
The lower time frames are ranging in my opinion.
You do have the makings of a nice inverse head and shoulders pattern though, and we have already broken through the neckline on the right hand shoulder.
One caveat is that that the bitcoin pair XRP/BTC seems to be ranging at the minute, and if it ends up favouring the bear side, it wont be so good.
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inverse head and shoulders pattern
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