BigLava

XRP Rising Wedge?

Long
BINANCE:XRPUSDT   XRP / TetherUS

Bullish Indications:
-Broken trend support
-Downward channel break
-Attempting the trend resistance (old support)

Bearish Indications:
-Rising Wedge
-Possible 3rd rejection


We can possibly see a pull up to the 0.63-0.65 only if there is indication of steady volume growth.
Volatility is low so a slow climb back up is more likely here.

There is also a chance of retesting resistance at 0.677. More than likely we can see a pull back down to support after a failed attempt of crossing resistance.


Full Trade Available
|||
vvv
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.