MaxL82

XRP (long term) forming cup and handle ?

MaxL82 Updated   
XRP has trouble breaking that 34-35 cent resistance. I don't expect any price action but continuation of the current range, with possible cup and handle forming long term.
After so much good (and some bad) news XRP price seems intact. Some might see strength in that but I see also a weakness in xrp market to react to so much positive news.

News:
Coinbase added XRP -> no price effect
SBI postponed until summer -> no price effect
MercuryFX just did first every commercial (but very tiny) xRapid transaction -> (no price effect) - Is that all ? nobody else is using xRapid in 2019 ?
New xrp OTC market open in Korea (not a good news for retail investors)
Trade active
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.