COIN NAME- #Xrp๐ฅ๐ฅ
SIGNAL TYPE- LONG
This chart shows XRP/USDT forming a symmetrical triangle pattern, which is typically a continuation pattern. The price is consolidating with reduced volatility, preparing for a potential breakout.
The projected target after a breakout is around $3.70, representing a 70.82% potential upside from the current price of $2.13. The Zero-Lag MA trend is still in a bullish direction, reinforcing a positive outlook. However, the RSI (Relative Strength Index) near 43.86 indicates neutral momentum, suggesting the price could move either way.
If the price breaks upward, the bullish target could be achieved. A downward break would invalidate the bullish setup.
BTC Dominance has been ejected from the resistance line. Also, close the 4-hour candle below it. We are insanely insanely bullish on Altcoins now.
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Trade Details:
Entry: Around 2.12 ( Join my Binance live for premium crypto signals )
TP: 3.76
SL: 1.88
$XRP
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