BINANCE:XRPUSDT.P   XRP / TetherUS PERPETUAL CONTRACT
As one of the follower asked for it.


Xrpusdt is currently in Huge Bull flag if we see in high timeframe weekly and monthly.
The main pivot is claimed as you can see and is also retested.

I think it can push from here towards the top of the channel(bull flag) and then come towards the marked area(yellow) consolidating.

My thoughts about it in longterm is that it is not going to break the channel sooner.
It will probably take much time as i have drawn the ideal scenario for breakout.

This is just an analysis from my side.


Note: Not a Financial Advice.
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.