While watching XRP, specifically the $0.34 resistance, I zoomed out on the 1D and noticed a decently shaped Cup and Handle pattern. Price has currently dropped from the $0.339 mark. Still feel bullish long-term, but feel we could be in for another XRP pullback. Feel free to share your thoughts, whether you agree or disagree.
Note
FWIW, I had a position long at an average price of $0.3218 and closed out at the $0.339.
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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.