XRP is moving in symmetrical triangle for almost 2 months now. Post Mid April, we might witness a potential breakdown to the south.
On a 2 Hour chart, Similar pattern was built last year between Nov - Dec and when it broke it fell for more than 40%. So if the history is to be repeated, then get ready to make extra space in your bank accounts.
If it moves to south, then first target will give you potential profit of 20% and if XRP is feeling more adventurous then next destination would be 0.22959 where you can bank additional 32%
if you like my analysis then dont forget drop a like and post your comments. Also let me know if you want to me analyse any specific currency pair
NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely
On a 2 Hour chart, Similar pattern was built last year between Nov - Dec and when it broke it fell for more than 40%. So if the history is to be repeated, then get ready to make extra space in your bank accounts.
If it moves to south, then first target will give you potential profit of 20% and if XRP is feeling more adventurous then next destination would be 0.22959 where you can bank additional 32%
if you like my analysis then dont forget drop a like and post your comments. Also let me know if you want to me analyse any specific currency pair
NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely