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Technical analysis by pitachio7712 about Symbol XRP: Buy recommendation (7/24/2023)

https://sahmeto.com/message/231908
pitachio7712
pitachio7712
Rank: 6145

Taking advantage of market conditions

Buy
Price at Publish Time:
$0.70169
Buy،Technical،pitachio7712

Taking advantage of market conditions This morning I liquidated less than 1% of my XRP Position in anticipation of this trade setup, Under the pretext of a Bull market the Ascending Triangle suggests a continuation in upwards price action. it is important to note that the formation of this triangle pattern holds the same bullish sentiment in ranging and bear markets. It's been a few weeks since summary judgement has been granted in the Ripple Lawsuit. The outcome was positive for Ripple the company and also The XRP Token. I expect macroeconomic factors to influence the Price of XRP negatively in the Coming Months, but the increase of trading volume has been undeniable. looking for one more buy in at .53

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