I see higher probability of a short for XRP Short

XRP / TetherUSBinance

Description

⋅ Jan 17, 2021 11:49 PM

XRP is in a very interesting situation - it can either complete forming the inverse H&S or complete forming a descending triangle formation. Assessing both scenarios, by bias is more bearish (60%) than bullish (40%).

Targets:
TP 1: 0.22
TP 2: 0.18

Technical Indicators