Inverted Head and Shoulders Pattern on XRP

11 Jan 2021

XRPUSD

As you can see in the chart, XRP is making an Inverted Head and Shoulders Pattern, right now it is making the right shoulder. To confirm it, we will need to go above $0.39 USD. If we do the price target would be a minimum of $0.60 USD.

freeonlinetradingeducation.com/inverted-head-and-shoulders.html

Also, the MACD indicator is giving us a buy signal, with the blue line coming above the orange line.

I hope you find this interesting and good luck to you.