XRP - Promising Double Bottom Pattern
After a good rise and a good correction, XRP has formed a double bottom. Everything depends on BTC. We can't forget this fact.
BTC looking really bearish so don't jump on this trend so early.
I would recommend entering this trade after a breakout above the neckline. If the retest of the FIB 0.5 holds then I will long.
DYOR
( White lines - Past support and resistance; Orange Lines - FIB levels )
At the end of the day, everything depends on BTC. Have a good day.
BTC looking really bearish so don't jump on this trend so early.
I would recommend entering this trade after a breakout above the neckline. If the retest of the FIB 0.5 holds then I will long.
DYOR
( White lines - Past support and resistance; Orange Lines - FIB levels )
At the end of the day, everything depends on BTC. Have a good day.
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