XRP has formed a descending broadening wedge
This is very bullish when assigned to a daily chart
Is the long shake over?
Target upon breakout would be the top of the fib spiral, it can also be seen that the resistance of the fib spiral has been broken, creating new possibilities for a breakout
My previous idea showing an ascending scallop which is bullish after a pullback
And the MA bounce that will most likely occur on XRP
This is very bullish when assigned to a daily chart
Is the long shake over?
Target upon breakout would be the top of the fib spiral, it can also be seen that the resistance of the fib spiral has been broken, creating new possibilities for a breakout
My previous idea showing an ascending scallop which is bullish after a pullback
And the MA bounce that will most likely occur on XRP
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.