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MetaShackle
Feb 7, 2024 9:51 PM

A nice inverse head & shoulders pattern has formed in XRP. Long

XRPUSDT SPOTBybit

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XRP is arguably the most hated crypto in the space right now, but it's forming a very nice inverse head & shoulders pattern on the hourly chart, and has just crossed the neck line. We could see a really nice rally right here if it holds above that neckline, if so, it may pull back to it, then bounce off it like a trampoline.

Other cryptos have been having nice rallies today, I think XRP might get it on a little of the action today.

Good luck, and always use a stop loss.
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