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JakeChd
Dec 7, 2021 10:58 AM

#xrp 4h timeframe technical analysis  

XRP / US DollarBinance

Description

The xrp chart looks fairly similar to that of bitcoin. As you can see the overall structure is bearish on the 4h. We had a strong push to the downside but bounced off the daily trend line at 0.75. We have since the pushed upwards where I believe we will see a retest of the breakout level 0.90. We have currently just had a double bottom form which is a bullish continuation pattern. Just like bitcoin I see this structure bearish until we can break the major lower high level at $1.02.
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