syedkhubaibhikmat94

Fun Fact Action Series. Topic XRP

שורט
BYBIT:XRPUSDT.P   XRPUSDT Perpetual Contract
A "fun fact" can be wrong; that's why it is a fun fact!
My update on XRP 1DTF is that while moving in an ascending channel and performing brilliantly upward, there is a H&S pattern that can be observed. If it's validated, then we can see price move downwards and the market is in a downwards trend as well. My idea of price analysis according to price movement is also mentioned in this chart.


To keep the bullish momentum, BTC needs to go in an upward direction, which is not an ideal point, or XRP needs to perform with the power of a whale to outperform BTC.


Please respond with your Constructive criticism #PEACE

#DYOR #XRP #BTC

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