🔥 XRP Potential Bull-Flag Formed: Bullish Break Out?

24 בספט׳ 2022

XRP has been gaining a lot of traction over the last couple of days, mainly because of bullish news concerning the lawsuit.

In my view, XRP topped in the short-term at around $0.56 and is consolidating since then. I'm looking at the triangle as a bull-flag, which is a bullish continuation pattern. With BTC trading relatively horizontal, it might actually be a decent time to make some short-term bullish bets.

Risk averse traders might want to wait for a break out of the pattern on the bullish side before going long.

24 בספט׳ 2022

הערה

Targets placed around recent tops, blue.