BITSTAMP:XRPBTC   XRP / Bitcoin
It looks like the upper trendline, lasting all the tay from January 2018 could finally be broken.

Why maybe it won't be:
- obvious lack of bullish volume

Why maybe it will be:
- RSI and MACD look kinda bullish
- there are a lot of support levels under the triangle edge and also some trendlines , not drawn.
Comment: It seems with this breakout the wedge is broken out. We only need a few more candles outside of the wedge to confirm. Bullish volume still missing
Comment:
Comment: Breaking out of the wedge was unsuccessful.

If the lower wedge line is true, than the price shouldn't drop under 2200 satoshis. Bullish volume still unexisting.

Comments