XRP Bull Flag
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Kind of a weird looking bull flag, but it is a descending channel after a leg up. It could have another move up if it breaks out above, but there's potential trendline resistance above from the previous uptrend. Would be the first retest, but if it breaks that opens the gates for a lot more upside.
Could work for a short too, the recent spike leaves it vulnerable for a steep correction, but I would see that as a buying opportunity. I don't trade crypto much but I'm all aboard the XRP hype train.
Could work for a short too, the recent spike leaves it vulnerable for a steep correction, but I would see that as a buying opportunity. I don't trade crypto much but I'm all aboard the XRP hype train.
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There she goes. This is a potential area of resistance. If you extend the gray trendline on the left, it is tapping it now. Also there's a previous high here just below the one I have marked. May not get all the way up to that prior high but that was a nice breakout.
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