ThinkingAntsOk

"Long Setup" Short-Term View on XRP (Ripple) by ThinkingAntsOk

Long
BITFINEX:XRPUSD   XRP / U.S. Dollar
1H Chart Explanation:

- Price is on a range.
- It bounced on a Support Zone and is currently on a Descending Wedge .
- Bullish Divergence on MACD .
- If price breaks the Descending Wedge , it has potential to move up towards the top of the range, to the 4H Descending Trendline at 0,46573.

You can check our previous analysis on XRP and our Top and Bottom View on the Related Ideas.

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