BONK ---- XRP
In 1-hour charts we can see how the two cryptos form the same wedge pattern indicating a possible bullish continuation.
$XRP shows weakness every time it reaches the diagonal resistance and similarly when it reaches the support making false breakouts; regarding the moving average we can also see that it touches it and bounces back indicating support at the moving average. We can expect that this week it will make a structural change after 3 days of indecision.
$BONK we can see how it broke through the diagonal resistance closing the bullish candle outside of the resistance which is a good sign; we can expect a retest in the same area now turned into support and a continuation of the bullish structure.
Remember that all of this is based on analysis and in the end, the market does what it wants driven by many factors
