๐ฅ XRP Forming Bull-Flag: Bounce or Fall
XRP has been seeing very decent gains earlier in February. However, since then the market has been under a bit of distress. XRP seems to be holding up quite well, further reinforcing the bullish narrative. Since this is a bull-flag pattern, there's a higher probability for a bullish move.
In case of a break out of the pattern, I'm expecting a bullish move towards the $0.9 area. If BTC remains bearish and falls further, I'm looking at the $0.75 area for a short-term short target.
Happy trading!
In case of a break out of the pattern, I'm expecting a bullish move towards the $0.9 area. If BTC remains bearish and falls further, I'm looking at the $0.75 area for a short-term short target.
Happy trading!
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