On the 1H chart, XRP seems to have formed a double top, close to the support area, a formation that indicates a bullish scenario. we are close to seeing a "W" type formation ... we are waiting for confirmation. The indicators do not seem to say anything, which shows a certain indecision of the market. On the 4 hour chart it looks like we are in an upward channel.
At the moment, XRP, unlike BTC, is not in such good condition.
Even if the market seems unfavorable for XRP, I will be guided as some top investors say: "when the signals seem to show a decline, the market can surprise and grow!"
We all know from the past years that the crypto market is full of surprises. I will be very careful these days and I will not risk more than 2% of the account.
At the moment, XRP, unlike BTC, is not in such good condition.
Even if the market seems unfavorable for XRP, I will be guided as some top investors say: "when the signals seem to show a decline, the market can surprise and grow!"
We all know from the past years that the crypto market is full of surprises. I will be very careful these days and I will not risk more than 2% of the account.