FieryTrading

🔥 XRP Break Out After Fake Out

Long
BINANCE:XRPUSDT   XRP / TetherUS
In my previous XRP analysis I argued that XRP was ripe to break out of the triangle in which it has been trading for more than 5 weeks. That specific signal didn't last long since BTC decided to reverse slightly.

However, with BTC showing signs of bullishness, XRP might finally break out of this pattern with force. Potentially targeting the $2 area. Wait for the price to break out before entering a trade.

Happy trading!

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