XRP/USD Ripple analysis update
XRP was going in a sharp uptrend as shown in the chart then it made a Head&Shoulders pattern that caused a reversal in the price but the down trend still have only 2 basis while the uptrend have 3
Right now the price made a perfect triangle pattern that we should stop trading on the ripple until we see one of the 2 expected scenarios
Scenario (1)
The price breaks the up trend and make a small correction up then drops to the selected green demand zone and that will be the zone that we must buy from and take our profit at the selected supply zone up at the price of $2.7 and wait for the price to break it to take another buy position
Scenario (2)
The price breaks out the down trend directly and retest it with a small correction down and that correction will be our chance to take a buy position and take our profits at $2.7 and wait for the same as Scenario (1)
I have a lot of XRP.
Buy at $2.66.
I hope I can go back.
just have the patience
It will go up but needs a little bit of time and patience
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