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Weekly time frame long term Falling wedge
The price is trying to make a higher high, but we have big resistance ahead
RSI oversold, happened for the second time after 4 years
The MACD had a Bullish cross
I've been studying this chart for a while
The squares are drawn on the Monthly time frame, but I had to check the Weekly time frame for the RSI
Looks like history is repeating itself
The chart, the patterns, also the RSI?
By this I don't mean XRP will hit 50 $. Looking at the previous pump the target is orientative!
Coincidence? I don't think so!
After long time we finally see the RSI moving above the 50% line
Breaking out of the descending channel , is forming the blue ascending triangle
Waiting for the EMAs cross
Every line can be a target
This is not a financial advice!