After today's explosive rally, XRP appears to be forming a large head and shoulders pattern on the 15 minute chart. Some people may not be interested in fifteen minute charts, but this applies to the traders out there. You can see a clear head and shoulders pattern forming on the chart. If it breaks down below the black neckline, the target would be 0.21.
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***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
@LisaNEdwards, If that's a minor wave 5 up to 0.45, then surely that also completes an inverse head and shoulders projecting a minimum of 0.57 (after retesting the neckline).
Are you taking into account the massive bullish divergences on almos tall time frames? The daily just started to play out. This is small time frames. I dont see this happening UNLESS BTC nose dives.