RandomOracle

2 Scenarios For XRP/USDT

RandomOracle Updated   
BINANCE:XRPUSDT   XRP / TetherUS
XRPUSDT

Just a simple analysis of the XRP/USDT chart on daily scale. Many alts are in a similar situation but just thought I'd share these with you guys.

I've got an overall bullish bias towards XRP but it's always good to consider the worst case too.

Watch for decisive daily close above or below triangle.

Bullish break should lead to $1.5-$1.7 levels being tested while a bearish break should lead to lower $0.5 & $0.3 being tested to confirm stronger support.
Comment:
Hmm.. could also be a sneaky rising wedge when looking at the line-chart too

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