XRPUSDT heating up. Possible BO from two triangles and move up

25 thg 10, 2021

XRPUSDT

Hi!

XRP is sitting on strong base on daily chart and doesn't want to fell down to lower part of huge symmetric triangle.

On 2h we see two wicks down as people want to buy dips going below small triangle. As we see the price is kind of stucked under 200EMA but doesn't want to go below 1,07USDT.
To me it looks like it's boiling up and it will get soon in very strong move upwards.

4h candle below 1,07USDT invalidates long position!


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Good luck!
M

This is not any financial advise, always check the market before entering any position.




2h CHART
tradingview.com/chart/aYeWZvrm/

25 thg 10, 2021

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