It's caught in a tight pennant on the 1hour chart. But if it breaks this long triangular formation on the daily, it can easily hit the 0.5 Fib level on the chart. Eyes open for this.
Comment
⋅
First TP - $0.75 Second TP - $0.89 Third TP (Risky) - $0.98 Fourth TP (Very Risky) - $1.35
Comment
⋅
On the flip side, going down, First support - $0.43 Second support - $0.36 Third support (very low possibility + very strong support) = $0.23
Comment
⋅
Good chance XRP will test $0.42 before breaking and rising! Keep your eyes up. currently still stuck here in the triangle if I zoom in
Comment
⋅
Hopefully this is just a bullish Cup and Handle - where it's currently forming the handle
Comment
⋅
Comment
⋅
beautiful setup. we need this downtrend
Comment
⋅
Setting up a nice head and shoulders with a larger cup and handle. This is all bullish
Trade active
⋅
Touchdown!
XRP completes the handle bottom. Now we only go up