A Triangle breakout can be followed. Let's not take action without breaking.
Of course, we should not forget the possibility of getting reactions and testing sub supports.
POSSIBLE scenarios on the chart
Üçgen kırılımı takip edilebilir. Kırmadan harekete geçmeyelim.
Elbette tepki alıp alt desteklerin test edilme...
In our previous XRP analysis, we were awaiting of the descending bullish ABC correction. Price broke out aggressively and has been creating corrections on it's way up.
Watch for price to break out of the current flag and tag the previous top and then go even higher!
XRP breaks the downtrend that starts at 14 april.
While bitcoin is making swing moves at 54.500 - 57.000 it can be a good potential for XRP.
My Entry Point, Stop Loss, Take Profit all of them in chart.
Take your own risk.
Recently we took a massive dive across all crypto. This may just be a small correction leading to the bigger move, which is inevitable. Watch the 1.100 level closely as it holds a lot of value. Ideally we should see price bounce creating a double bottom. If it breaks, watch for price to retest that area and then go back to the bottom.
XRP has hit a target and a mini reversal (micro) for a likely retest as per chart.
This is in Sync with the likelihood BTC will do the same.
Note the MACD on the 1 hr chart below.
I can envision 2 scenarios for now.
All the best,