I read a lot of comments about XRP, saw all kinds of charts and predictions. Must admit that here on TradingView you can find both kinds - "short" and "long". By this time, I can only find correlation of XRP with BTC. If BTC falls down, XRP falls too but it has strong support at $0.38. I'm not sure will this support be strong enough if BTC drops to 6k level as many traders predict due to needed correction. On the other hand if BTC stays on 8k level for the next 7 days, can we expect some life in XRP?
Written triangle ends tomorrow morning around 10am UTC+2, so something will happen for sure :)
Anyway, it seems that we need more patience ...
Written triangle ends tomorrow morning around 10am UTC+2, so something will happen for sure :)
Anyway, it seems that we need more patience ...
Comment:
Well, price ran away from written triangle faster than I expected. Support line at $0.37 level is still holding. Is it possible for XRP to start behave independent from BTC - what do you think?