Over the past month, XRPUSDT soared to the $2.00 mark. Since then, the price has been fluctuating around this level. On the daily chart, it's moving sideways and forming a triangle pattern. While this pattern often signals a continuation of the trend, I think the price may dip below the key $2.00 level to take liquidity. This could create a good buying opportunity for bulls after a healthy retracement. I anticipate the market will form a "fakey" pattern, which typically involves a false breakout of the triangle. My goal is support zone around 1.9690
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Trade at your own Risk 👍
Best Regards, Trade Cryptocurrency
Stay Tuned for Further Updates.
