AlphaTradeZone
Long

Ripple Spring formation - trend reversal here? $xrp

BINANCE:XRPBTC   XRP / Bitcoin
XRP is the worst performing major pair during the last month. Looking into smaller timeframes we can see a spring formation playing out. Spring formations act as accumulation patterns and are very common in the crypto market.
Trapped sellers are found bellow the area that is marked with the green box.

- In addition we can see price forming a Higher High and probably a Higher Low at support. Invalidation level is bellow 6660.
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