TradingView
cryptodailyuk
Mar 25, 2024 7:45 PM

XRP growth position for the coming months 

XRP / U.S. dollarBitstamp

Description

We are approaching exit from the triangle after 6 years of accumulation. The chart shows the potential levels expected in the next few to several months, assuming that no black swan occurs along the way, such as COVID, which will dynamically withdraw capital from the markets.

The RSI shows how the lower level has been defended, and in the current accumulation period there is an emerging advantage of growth volume (green candles).
More