Descending Triangle

2月23日

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

2月24日

注释

Zooming in now, $2.52 - $2.56 is medium resistance area now.

2月26日

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