This is how I see it...
Price tapped into a strong demand zone and is now showing signs of bullish intent. If this level holds, we might see a push to complete a potential inverse Head & Shoulders pattern.
My plan?
Let it dip a little to form the right shoulder, then watch for a break of the neckline and that descending trendline. If it clears that, I’ll be eyeing targets around 2.6–2.8.
Of course, I could be wrong — but the structure looks clean and the risk/reward here makes sense to me.
What do you guys think? Too early for a reversal or is XRP warming up?
Price tapped into a strong demand zone and is now showing signs of bullish intent. If this level holds, we might see a push to complete a potential inverse Head & Shoulders pattern.
My plan?
Let it dip a little to form the right shoulder, then watch for a break of the neckline and that descending trendline. If it clears that, I’ll be eyeing targets around 2.6–2.8.
Of course, I could be wrong — but the structure looks clean and the risk/reward here makes sense to me.
What do you guys think? Too early for a reversal or is XRP warming up?
Nota
XRP Update 🧠XRP finally broke the trendline we've been watching! What’s next? We wait for that sweet retest of the broken trendline — once it confirms, we could ride this one all the way to the new ATH 🚀
No rush here. Let the price come to us. Patience is the real sniper’s skill 🎯
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.