XRP is trading rangebound inside a very tight range, with resistance on the upside at $0.98669 and support on the downside at $0.85.
If the bears break below this tight range, a fall to $0.72 is likely. If the bulls break out of the range, a move towards the 50-day SMA is likely.
(citing Rakesh Upadhyay here)
I've noticed 16 hours ago the formation of this pattern but I'm no expert. any ideas on that?
If the bears break below this tight range, a fall to $0.72 is likely. If the bulls break out of the range, a move towards the 50-day SMA is likely.
(citing Rakesh Upadhyay here)
I've noticed 16 hours ago the formation of this pattern but I'm no expert. any ideas on that?