🚀 XRP: Defying the Bearish Trend 🚀
XRP is showing incredible strength, ignoring the recent market dip and pushing higher. However, it's getting a bit overheated on the daily timeframe.
👀 On the hourly chart, we see a clear ascending channel. I'm not taking any action at current levels. Instead, I'm waiting for another upward move to potentially short any abnormal breakout from the channel. This could also form a "Three Indians" pattern, signaling a reversal.