businessinsider_gg

Big breakout in the next days

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BINANCE:XRPUSD   Ripple
We can see on the 4h timeframe a descending triangle with the support being at the 1$ psych level. It is a neutral chart pattern but since there was a falling wedge I expect it to be bullish. We should see a first little correction at the 0.382 fib at 1.45$ and another one at the 0.236 fib at 1.65$. It could stop there or even continue then to the 2$ mark but we'll see if there is enough fuel to the pump.
Don't forget that this is not financial advice, this is my opinion and you must make your own. I hope you trade well!
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