Although this is the most bullish we've seen XRP, it's notorious for parabolic pump and dumps.
It's been hitting it's head on this red trend line for over a month.
With a recent break above $2.52, it's now using that price point as support. But now forming a descending triangle.
I would wait for either the white support line or red resistance line to break before making any trades.
MACD on 1D is going from bullish to neutral/bearish.
-JumpStartCrypto
It's been hitting it's head on this red trend line for over a month.
With a recent break above $2.52, it's now using that price point as support. But now forming a descending triangle.
I would wait for either the white support line or red resistance line to break before making any trades.
MACD on 1D is going from bullish to neutral/bearish.
-JumpStartCrypto
Note
Zooming in now, $2.52 - $2.56 is medium resistance area now.Note
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