XRP/USDT Large Bullish Triangle
XRP is regaining ground pretty quickly after last week's sell-off. The pair found a strong resistance around $0.27, drawing a nice bullish triangle on the chart.
The next resistance is based around the upper resistance line of the triangle. The price will either bounce off that line or will go straight through it. If bullish sentiment picks up again, we could see XRP reaching past $0.40 in the near future. For now, R1 and R2 are great potential targets. Happy trading!
The next resistance is based around the upper resistance line of the triangle. The price will either bounce off that line or will go straight through it. If bullish sentiment picks up again, we could see XRP reaching past $0.40 in the near future. For now, R1 and R2 are great potential targets. Happy trading!
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