XRP made a big strong rally to the high of a big resistance. Because of this conviction there is a reasonable chance to form a big inverse H&S
. But we would need to see a good solid correction/consolidation from the current levels. On the right we can see a channel, if that breaks we can assume the green support will get tested again. If that happens there is a chance for a small H&S
. Even if that one reaches the target, it would still fit the picture of that big inverse H&S
. But the right shoulder has to be smaller in size and time than the left shoulder.
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