XRP Leg Down? Long

XRP / U.S. dollarBitstamp

Description

⋅ Jan 20, 2021 4:05 PM

In the previous posts, XRP was given a potential downward break out from the closing triangles.
Possible that we are at the beginning of this (hopefully final) break downwards. Potential for low 20’s high teens.

Comments

dannaescu

⋅ Jan 20, 2021 6:37 PM

I believe you are wrong and it is, in fact, forming a new smaller symmetrical triangle inside the larger drawn pennant.

FlowersFor

⋅ Jan 20, 2021 6:03 PM

what if downward breakdown not hapening and support line hold?

dannaescu

⋅ Jan 20, 2021 6:35 PM

@FlowersFor, and indeed it seems to have held despite large BTC downswings.