XRPUSD Trade the Triangle break-out

Pattern: Triangle on 1D.

Signal: (A) Buy if the Lower Highs trend-line breaks (B) Sell if the Higher Lows trend-line breaks.

Target: (A) 0.7500 (below the Resistance), (B) 0.2700 (above the Support).


Don't lose sight of the long-term picture on XRP. Below is my late December 2020 post calling for a buy opportunity when the prevailing sentiment under the legal pressure on Ripple was very bearish:




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