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Technical analysis by Alb-Ma about Symbol XRP: Buy recommendation (9/6/2023)

https://sahmeto.com/message/238187
Alb-Ma
Alb-Ma
Rank: 14892
1.5
:Buy
Price at Publish Time:
$0.50262
Buy،Technical،Alb-Ma

I can't think of any reason why XRP won't hit $4 in the next bull run. As you can see on the weekly chart, XRP has formed a double bottom pattern indicated in the blue color. Also, XRP has formed a bullish symmetrical triangle targeting 4 in the next bull run. Stochastic RSI indicator on the weekly frame is oversold. I am not saying that there is no room for correction back to 0.35 / 0.40 areas. That is very possible and it would be a great price to buy

Source Message: TradingView
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