XRP / USD TA
This is just a quick overview update of what's happening with XRP in short term. Bear can say with confidence that this is a bear head and shoulders pattern while a bull will see a descending wedge going off a sharp uptrend and say that we are about to moon again.
Who do you listen to in this situation?
No one... In this situation you will go ahead and start looking at Bitcoin and analyzing its trend which is still showing 'neutral' signs which leaves you with only two options... Stay on the sidelines and wait for XRP to either moon or correct or if you're a holder your option like always is to hold around this area.
Solely based off the fact that XRP is testing resistance right now is not seeing strong rejection off it at the time of me writing this, I'd say we are over 60% bullish.
This is just a quick overview update of what's happening with XRP in short term. Bear can say with confidence that this is a bear head and shoulders pattern while a bull will see a descending wedge going off a sharp uptrend and say that we are about to moon again.
Who do you listen to in this situation?
No one... In this situation you will go ahead and start looking at Bitcoin and analyzing its trend which is still showing 'neutral' signs which leaves you with only two options... Stay on the sidelines and wait for XRP to either moon or correct or if you're a holder your option like always is to hold around this area.
Solely based off the fact that XRP is testing resistance right now is not seeing strong rejection off it at the time of me writing this, I'd say we are over 60% bullish.
