XRPUSD - Forming Support and Possible Wedge-Breakout incoming

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Hello traders, investors and community. Lets have a look on the current situation going on with XRPUSD.
We can see some good bullish signs at the 2-hour time-frame.
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XRPUSD shows us a good support level between 0.2 and 0.02 USD as it touched this level a second time now we can expect it as confirming a
third time when toched again.

There is also this huge descending wedge which you can see in my chart marked with the blue trend lines. If XRPUSD holds the current support
level and forms some decent momentum we can expect a break-out of the wedge.

The wedge break-out can be traded aggresively and moderat. An aggresive entry is immediate with stop-loss below the current lows, the
moderate approach is to wait until the wedge confirmed. It is always a wise decision to wait until a pattern confirmed before entering a trade.
In this manner i recommend the moderat approach here and wait until the wedge confirmed.
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Thanks for watching! Feel free to support my idea with a like and follow for more market insight!
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