Last May 17 we initiated a bearish call on ripple following its "double top" formation in line with the gap in the charts. We expected a fill the gap movement that has been completed. At the same time, MACD is now forming bullish divergence: when MACD forms higher lows while price forms lower lows.
Ripple has been trading in a downward trading range and this looks to break. Just checkout the XRP/USDT chart.
Comments
jzulueta19
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Ok i just noticed this is the XRP/USDT pair. Anyway, Im sure you all get the point. XRP/BTC brokeout, USDT pair follows suit