XRP broke down of symmetrical triangle pattern due to recent BTC price drop. As u can see based on 03 Dec 2021 there's a long burst down wicks but was quickly recovered. However this time on the 05 Jan 2022 the price of XRP did not recover back to the pattern. Will need more time to monitor XRP price movement.
XRP 8H
XRP 8H
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.