RoryYoung

RoryYoung

Looks to be a reverse head and shoulders confirmed by volume. ABC correction pattern finished and RSI + MACD support upwards price movement

RoryYoung Updated 

Having a look at XRP's recent up and down, it seems like an impulse wave has finished and there are two possibilities. 1) As above, there is a Bull Flag with 5 point correction wave. We are beginning the downward portion of the E wave and we should bounce from ~11,000 sats 2) If we have completed an ABC correction, then the recent spike (CD) is the beginning...

RoryYoung

Looks like a cup and handle pattern to me.