XRP seems to be out of its Bear cycle and entered directly into a new Bull cycle on May 10, 2019, freeing itself from its historical bearish trendline (in red)
Since then, XRP seems to construct an ascending triangle with a bullish vocation.
The bullish target of this triangle calculated on its height, can be validated only if Bitcoin pump or stagnates current June (not if it dump).
I invite you to consult, if not already done, my associated idea below!
DISCLAIMER: This is not an investment advice.
Do not listen to any "prophet". Invest only what you are willing to lose.
Since then, XRP seems to construct an ascending triangle with a bullish vocation.
The bullish target of this triangle calculated on its height, can be validated only if Bitcoin pump or stagnates current June (not if it dump).
I invite you to consult, if not already done, my associated idea below!
DISCLAIMER: This is not an investment advice.
Do not listen to any "prophet". Invest only what you are willing to lose.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.