After a massive rise, now it's time for people to close their #long positions and take profits. The price can fall to 2.03$ and 1.89$, after breaking out downward and a healthy #pullback to bottom line of #triangle.
*Not a Financial Advice.
Price is squeezing and forming a handle for the second cup. Also, it could be regarded as an ascending channel. A potential 37% rise is expected. The first resistance (TP1) is 3.50$ and the second one (TP2) is 4.35$.
*Not Financial Advice.
XRP forming an ascending channel. It's expected to fluctuate for a couple of days around the 1.30$ support line or touching the support line of the channel. The next strongest support line would be 1.12$ and 1.00$.
*NOT FINANCIAL ADVICE
Supports and Resistance lines have been shown in the chart. Supports are based on VISIBLE RNAGE indicator. I think BTC will cross up the 60K Resistance very soon. Next tragets would be 64K and 72K. Always wait for correction.
*Not Financial Advice* Just My Opinion*
After an unsuccessful cup & handle pattern due to the market dump, SXP is gaining strength to break resistant zones. It entered a rising channel. There might be some challenge on its way towards going up.