FieryTrading

๐Ÿ”ฅ XRP Bullish Triangle Forming: Gains Ahead

ืœื•ื ื’
BINANCE:XRPUSDT   XRP / TetherUS
XRP has slowly but surely forming a bullish triangle since the start of February. For three times now it has touched the lower support line, with a reversal happening after said touch.

This trade is based on the idea that XRP will finish the triangle and potentially break out of it towards R2.

On the chart Iโ€™ve marked two potential areas of support/resistance, R1 and R2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence.

Happy trading!

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