Description
⋅ I am extremely bullish on XRP Provided support holds between $1.07 - $1.06 range and bounces back up. We have two very bullish patterns converging.
- On the 4 hourly a double bottom is at play, if price breaks the neckline there is a technical target of around $1.30
- Additionally, there is an inverse head and shoulders at play when we break $1.27.
Falling through support will invalidate this analysis. See related ideas below.