XRP/USD Waiting for Other Coins to Show Direction

The price of XRP/USD is currently right on this very popular trading area of around 19 cents as seen by the volume profile.

Also we can see that the price is looking for a direction after converging slowly to the tip of this symmetrical triangle.

Both of these signs are neutral and don't show direction yet. This is a trend we are seeing with many altcoins right now. Everything is waiting for a confirmation towards any direction.

Keep a close look on this triangle and the other coins, and try to trade into the direction of the next breakout.

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!