BINANCE:XRPUSDT.P   XRP / TetherUS PERPETUAL CONTRACT

XRP daily got a beautiful upper trendline with 4 touches - pretty serious and make it same good as horizontal zones. In case of breakout it will cause a strong bullish impulse.

Support at 5400-5700 also very strong - moderate chances for bounce since it will be only second test and guaranteed strong bearish impulse in case of break down that should take price down to 4000-4200.

Looking for falling wedge breakout opportunity with nearest target at 0.85

P.S. Maybe breakout will come earlier. Only higher timeframes are against it. Smaller TF might give it a chance.


FREE telegram channels:
Crypto reviews - t.me/WiseAnalyze
Crypto chat - t.me/WiseAnalyzeChat
Crypto watchlist - t.me/WiseAnalyzeDCA
Forex/Stocks - t.me/WiseForex
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。