August 14, 2018 to September 20, 2018 marked the formation of a confirmed double bottom chart pattern in Ripple (XRP). Price action after confirmation reached a high of ~$0.79 before the current retracement that is captured with a bearish channel considered to be tentative.
Price action breaking to the upside of the bear channel and also above resistance as indicated by the horizontal blue lines does argue for a bullish bias for Ripple (XRP).
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.