The price made a symmetrical triangle formation after a big bearish drop.
As the breakout out of the symmetrical triangle formation is usually in the same direction as the impulsive move before it, I am looking for the price to go even lower.
Looking for a breakout on the bearish side, as the price is getting close to the tip of the triangle.
As the XRP movement lately has been influenced heavily by the fundamentals and news, be sure to get the same signal from there as from the technical aspect.
As the breakout out of the symmetrical triangle formation is usually in the same direction as the impulsive move before it, I am looking for the price to go even lower.
Looking for a breakout on the bearish side, as the price is getting close to the tip of the triangle.
As the XRP movement lately has been influenced heavily by the fundamentals and news, be sure to get the same signal from there as from the technical aspect.