Greetings dear Traders this is my analysis for XRPUSD and it is a buy position.
On the chart we can see that the price has managed for a little downtrend but it will continue to the Support Structure where we can place a buy position.
From that position we can put a buy position.
Also after the downtrend of the High it has formed a right shoulder and left from that position for a uptrend movement and forming a head and right shoulder.
You can see how the price has reacted during the time that was behind us.
Traders please make your own analysis before trading.
on he four hr there is a reverse head and shoulders Pattern which indicates straight up from here
jojofang0901
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good outlook and perspective :) thx
Helical_Trades
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Any new idea ?
Vincemofx
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lovely🚀XRP🚀🚀🚀🚀
Helical_Trades
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Nice chart mate
PeterKom
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I have a feeling we will first retest the top at 1.96 USD and then go to the bottom of the ascending trianlge. We might move max. 2 months inside this triangle and then go higher to ATH and beyond.
Time will tell.