Technical analysis by WheretheStreets_HaveNoName about Symbol XRP: Buy recommendation (7/31/2024)
https://sahmeto.com/message/2508825
WheretheStreets_HaveNoName
Rank: 25646
Analytical Power:
1.3

As is known, XRPUSD has been trading within a range since its ATH. Zooming out to the 6 week chart it seems that the triangle based on the highs is now - potentially - ending, or at least doing so this year. The close of the triangle based on closing/opening prices likely after the next halving. Orange line - base. Red line - closing/opening prices. Blue line - highs. That's 59 6 week bars or over 2400 days... now closing? I have no idea how high a price rises after breaking out from a ~7 year triangle.
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Signal Type: Buy
Time Frame:
42 روزPrice at Publish Time:
$0.64826